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CRain1989
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Analysis of $BTC on December 28:
- Daily Frame (1D): Yesterday, just as I signaled to you all after testing the resistance at 97,500, BTC dropped significantly, reaching down to the 93x range. This is why the daily candlestick pattern looks very poor and is heading towards the price range of 90-91.
- Weekly Frame (W1): The weekly candlestick is red, but the volume is very low. Therefore, I predict that today and tomorrow, BTC will experience strong fluctuations to increase the volume.
=> Analysis:
- Although the smaller frame of 12H is signaling that BTC is about to form a bottom and rebound. However, the daily frame is looking very bad. I do not yet have an explanation for this.
The 12H frame is also a large frame (1 long candlestick of 12 hours), which is why the fluctuations of BTC in this frame are also significant.
I am considering the most reasonable scenario is that BTC will have a spike down to 91k and then immediately bounce up to start another significant rebound towards the 97 range.
In general, I will monitor BTC prices closely today and will inform you all as soon as possible.
• Those who trust can add me by my name CRain1989 to avoid being scammed by impostors like Trần Văn giả mạo.
- Daily Frame (1D): Yesterday, just as I signaled to you all after testing the resistance at 97,500, BTC dropped significantly, reaching down to the 93x range. This is why the daily candlestick pattern looks very poor and is heading towards the price range of 90-91.
- Weekly Frame (W1): The weekly candlestick is red, but the volume is very low. Therefore, I predict that today and tomorrow, BTC will experience strong fluctuations to increase the volume.
=> Analysis:
- Although the smaller frame of 12H is signaling that BTC is about to form a bottom and rebound. However, the daily frame is looking very bad. I do not yet have an explanation for this.
The 12H frame is also a large frame (1 long candlestick of 12 hours), which is why the fluctuations of BTC in this frame are also significant.
I am considering the most reasonable scenario is that BTC will have a spike down to 91k and then immediately bounce up to start another significant rebound towards the 97 range.
In general, I will monitor BTC prices closely today and will inform you all as soon as possible.
• Those who trust can add me by my name CRain1989 to avoid being scammed by impostors like Trần Văn giả mạo.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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