Analysis of Bitcoin Market on the Night of December 15!
Based on the current daily trend of Bitcoin, a pattern of high-level oscillation and slow increase can be observed. Although the price briefly broke through the previous high during the day, due to insufficient bullish momentum, the price quickly retraced after touching 102900. The Bollinger Bands show a slightly open state, with the market encountering resistance at the upper band. The price attempted to break through 102500 twice but failed. During the day, we captured over 400 points in short-term trading of Bitcoin!
This weekend, Bitcoin once again broke the pressure level of 102594, which is indeed very strong, and we must eliminate the bears completely. Currently, this wave is showing an upward trend at the hourly and two-hour levels, with a minor level of support at 101576. If this position does not break, the market will continue to rise, with resistance above at 103655-104648. Only if it breaks below 101576 will the one-hour level start to adjust. The support for the downward adjustment is at 10564-99801-99076! The four-hour support at 3900 is once again in play; if the four-hour closes above 3900, it means this wave of four-hour adjustment is completed. Pay attention to the resistance levels above at 3946-3988-4088. If the four-hour does not close above 3900, it will continue to adjust, with support levels below at 3830-3800-3730. #纳斯达克100指数宣布纳入微策略 #币安LaunchpoolVANA #VELODROME将上线币安 $BTC $ETH