The pullback is still a long way off, and the altcoin is experiencing a strong rebound.
November has passed, and it's now December. In the cryptocurrency world, another year is quickly coming to an end. After working in this field for so many years, I've seen people become wealthy overnight in bull markets and lose everything in bear markets. I must say, the crypto world is indeed a very magical realm, full of opportunities; it just depends on whether you can seize your own bull market. This weekend, I haven't updated much, as I've taken a bit of a break. After all, high-intensity work also needs adjustments. Just like the market trends, there wasn't an anticipated pullback this weekend; the trend remains upward, and it seems quite challenging to go down at the moment.
Looking at the market, Bitcoin has reached above 97,000. The 4-hour Bollinger Bands have started to close and turn, suggesting that we may see a push towards 100,000 in the future. However, this is not the best entry point for Bitcoin. Looking at the 15-minute level for Bitcoin, I expect there will be a small pullback, and we can enter once the pullback is over.
As for the altcoin, I have previously reminded everyone multiple times that the altcoin will have a rebound. Let’s pay more attention to the altcoin recently. New followers can check out previous posts. The altcoin shows signs of opening both up and down on the 4-hour chart; it depends on whether it will outperform Bitcoin. It is likely to move in sync with Bitcoin, going through a round of upward trends. The 15-minute pullback has not yet ended, so we can wait for it to finish before entering.
Trading Suggestions:
For Bitcoin, if it pulls back to around 96,500, the target is to break 98,000 and continue to look for new highs. If it doesn't break, and the trend reverses, we can enter.
For the altcoin, if it pulls back to around 3,680, the target is 3,800.
The above suggestions are for reference only; please manage your short-term risk accordingly.
November has passed, and it's now December. In the cryptocurrency world, another year is quickly coming to an end. After working in this field for so many years, I've seen people become wealthy overnight in bull markets and lose everything in bear markets. I must say, the crypto world is indeed a very magical realm, full of opportunities; it just depends on whether you can seize your own bull market. This weekend, I haven't updated much, as I've taken a bit of a break. After all, high-intensity work also needs adjustments. Just like the market trends, there wasn't an anticipated pullback this weekend; the trend remains upward, and it seems quite challenging to go down at the moment.
Looking at the market, Bitcoin has reached above 97,000. The 4-hour Bollinger Bands have started to close and turn, suggesting that we may see a push towards 100,000 in the future. However, this is not the best entry point for Bitcoin. Looking at the 15-minute level for Bitcoin, I expect there will be a small pullback, and we can enter once the pullback is over.
As for the altcoin, I have previously reminded everyone multiple times that the altcoin will have a rebound. Let’s pay more attention to the altcoin recently. New followers can check out previous posts. The altcoin shows signs of opening both up and down on the 4-hour chart; it depends on whether it will outperform Bitcoin. It is likely to move in sync with Bitcoin, going through a round of upward trends. The 15-minute pullback has not yet ended, so we can wait for it to finish before entering.
Trading Suggestions:
For Bitcoin, if it pulls back to around 96,500, the target is to break 98,000 and continue to look for new highs. If it doesn't break, and the trend reverses, we can enter.
For the altcoin, if it pulls back to around 3,680, the target is 3,800.
The above suggestions are for reference only; please manage your short-term risk accordingly.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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