December 17
There is still a week until Christmas, and most Christmas and Spring Festival periods see upward trends. If you don’t believe it, you can backtrack!
It is not recommended to chase longs at the current position, with resistance levels at 104640 and 99800 below.
If you want to chase longs, you can wait for a pullback to the support level before opening a position; the risk-reward ratio is not proportional at the current high!
Tonight's FOMC meeting will drive Bitcoin to rise (there will be significant volatility, with sharp spikes both up and down!)
Be cautious and hedge!
