Monday, 12.9, bullish on the pullback remains unchanged, go long at 99000
Things have gotten chaotic again, a major change in Syria has driven the currency up directly to around 10140 in the early session. Technically, after filling the gap, it will continue to rise, and the situation in Syria will further deteriorate, maintaining the pattern of continued soaring currency.
The 4-hour technical aspect is still in a fluctuating market, with the Bollinger Bands extending horizontally. The support at the 98500 level is very strong and has not been broken multiple times; a pullback can be used to go long. The weekly chart is still operating above the moving averages, which also indicates that the trend of unilateral rising has always been present. Moreover, the coin price has reached the support area of the weekly moving average, and the space for decline has been exhausted. Buying on dips is the best option.
Current price of Bitcoin is 99400, can go long first, unexpected pullback to 98700-99000 can add more, initially looking at 10100-101500
