From the 1-hour chart, the price quickly dipped from around 92,500 to 89,500, then consolidated for nearly two days. Currently, there are signs of stabilization. Technically, the Bollinger Bands are narrowing, and the middle band provides strong support against the price, indicating a potential rally.
Personal suggestion, for reference only (strictly set stop-loss): Bitcoin can fluctuate around 89,000-90,000, with targets of 92,500-94,000.
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12.14 Sunday midday Bitcoin analysis
From the 1-hour chart, the price quickly dipped from around 92,500 to 89,500, then consolidated for nearly two days. Currently, there are signs of stabilization. Technically, the Bollinger Bands are narrowing, and the middle band provides strong support against the price, indicating a potential rally.
Personal suggestion, for reference only (strictly set stop-loss):
Bitcoin can fluctuate around 89,000-90,000, with targets of 92,500-94,000.