The direction is clear, no simulation or ambiguous analysis is done, for reference only
News: Today's Fear and Greed Index is 67. 1. Bloomberg ETF analyst; Bitcoin spot ETF is likely to be approved before January 10, 24, and the SEC has been strategically delaying to avoid giving a company a first-mover advantage. 2. Hong Kong Web3 Festival 2024 will be held from April 6 to 9 next year. 3. USDT market value exceeded US$90 billion, setting a new record high, and off-site hot money began to flow into the crypto circle, which is good. 4. The President of Brazil has signed the cryptocurrency tax bill, which will take effect on January 1, 2024. 5. OKX will launch BRC-20 SATS, opening at 4:00 pm (UTC+8) on December 18, and the inscription will eventually become a booster for the next bull market.
Technical aspect: It is impossible to get off the train, MUBI Feilong will have a bull market. Bitcoin is currently fluctuating around 42,000, and the price of the currency is difficult to stabilize above 43,000. The upward movement is blocked and the repair is not completed. It may be adjusted again in the future. In the 4-hour view, the middle rail of Bollinger is suppressed and cannot break through. The MACD fast and slow lines cross at a high level, and the energy column is gradually exhausted. The daily level continues to fluctuate around 40,000-43,400, and continues to digest. As long as there is no big drop and it can be stabilized, the cottage will have the opportunity to take off again. Following Feilong’s layout of MUBI, the basic amount will almost double. You can withdraw the principal and let the profit fly. #mubi #brc20 #btc
