How does BTC plan for December 4th?
This morning, the coin price made a surge, starting to retreat after reaching around 96750. It now appears that yesterday's drop was largely a 'false breakdown', and the buy order around 93700 provided by the old gold last night perfectly aimed at the bottom rebound support, yielding good results. The plan for rebound at the 94000-94566 range has been suggested multiple times by the old gold, all of which can be seen in previous texts.
For intraday operations, the four-hour and daily level triangle oscillation upper and lower edges serve as short-term entry points. The effective reference for the bearish entry point above is the triangle's upper edge, with resistance at 97500-98000, targeting a downward space of 1000-1500 points.
In terms of news: Non-Farm Payroll, Small Non-Farm Payroll, CPI data, market bullish sentiment cooling down, Trump.
