📢$BTC updated on December 17, 2023:

1. Update $BTC :

- $BTC frames the day as a short body candle, continuing to show balance. Short-term trend of reduced preferred usage.

- H4 frame price has broken the trend line. However, the breakout signal was not supported when the RSI was 47. It is very possible that this breakout was a false breakout and the price continued to move down, trending down.

- The daily bullish frame remains supported in the medium and long term. However, in the short term, the bears are supported, the price may correct around 40k7​ - 41k6.

General conclusion:

With the current situation, BTC may have a downward trend to the 40k7​ - 41k6 zone. But BTC.D also tends to support the bears, although not strongly, so altcoins are not affected much. Minimize the decrease amplitude of BTC which is not strong yet, many good altcoins with beautiful charts are even increasing.

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