Bitcoin Market Analysis - #BTC
【Daily Level】
1) The rising channel has been broken, viewed as a rebound rather than the end of a downtrend, continue 📉
2) Viewing the long lower shadow from December 20 as a 'guiding hand' is more reasonable, rather than a bottom signal
3) The red box 99500-10300 is seen as a key resistance level; after breaking through, it will form a double bottom structure + return to the price channel, to continue bullish
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【4-Hour Level】
1) The trend and arrows given by the 4-hour chart are exactly the same; first a rebound, then a drop 📉
2) The 4-hour chart has formed a double test structure, with the possibility of forming a double bottom, but from the daily structure, the probability of a double bottom here is relatively small
3) Support and resistance situation
Lower support 92000-93500
Upper resistance 99500-10300
4-hour bearish OB: 103600-105500
4-hour bullish OB: 85000-88990
🌟Long-term view: The weekly level target of 110304 has not been achieved; after this drop, it will continue to rise #加密市场盘整 #市场调整後的机会? #圣诞行情预测 #比特币战略储备 #美联储放鹰 $BTC