$BTC When we wrote the market analysis at the end of November, we drew a weekly chart of Bitcoin, and it currently appears to align with our previous prediction. The weekly Bitcoin chart shows a small bullish candle with a lower shadow longer than the upper shadow, and the trading volume is roughly the same as the previous week, indicating that it is in a broad oscillation trend at a high level. The weekly level is expected to show a slightly upward oscillation trend, continuing until the end of January to early February, after which a new phase of upward movement will begin. The trend is upward, but the process is tortuous. If you are optimistic about this trend, then buying physical Bitcoin at the bottom and holding it is advisable.
The daily level price is oscillating narrowly around the daily MA30 line, with two consecutive days of small doji candlestick patterns appearing as bullish candles on the daily level, resembling a straight line with no fluctuations. However, when viewed on an hourly level, there are still significant ups and downs. Today is Monday, the US stock market will open for trading, and the CEO of MicroStrategy hinted again on Twitter that they will continue to buy, indicating that the European and American markets, as the main sources of funds and driving forces, will inject significant capital, which will greatly promote the rise of Bitcoin. The daily candlestick pattern is also in a state that can be lifted at any time, so just be patient and wait.
