12.16 White disk analysis

Market review

Bitcoin fell immediately after opening in early trading, falling from 42,000 to 41,600, and then rebounded all the way to above 42,000. Yesterday, the daily closing price dropped from 43,000 to 41,600, a drop of 1,400 points. Although it fell sharply in early trading, it is currently rising, so there is still not much risk in being bullish.

Trend analysis

Judging from the 4-hour line, the downward opening of the Bollinger Bands has ended, and it has moved directly upward without any sloppiness. This gives an obvious signal for an increase. The shock and decline in recent days cannot be found, so many people are willing to go long. friends caused panic. However, it is not difficult to understand. After all, the MACD and KDJ leads are falling, which can easily give people the illusion of falling. In addition, the currency price has also seen a downward trend recently, so it is easy to judge that this is the current round. The bull market is over, but everyone knows that it only takes a moment to rise to 45,000. Everyone has also recently discovered that the decline has been limited, and it has not fallen below 40,000 after multiple pin drops. In addition, the current currency price is relatively low, so it is also a good opportunity to go long and buy the bottom.

Operation suggestions

Bitcoin is long around 41600-42000, with a target of 42800-4340. Defense 40800.

No matter how I analyze it, the specific operation is still based on actual performance. Before the market comes out, any speculation is just speculation. #BTC