$BTC
BTC Morning Report:
The range of 93k-100k has broken down to a low of 91268, followed by significant fluctuations, indicating a clear signal of bullish support.
However, as the monthly K line approaches its closing, the current monthly line shows a long upper shadow. If the price does not close high during the day, the current price around 92k could close below 93k down to 85k or even reveal a decline to 75k in January.
In past bull market corrections, the maximum pullback for BTC has been 20-30%. As of now, from 108000, the maximum pullback has reached 15%. If the market drops below 85000, the pullback will exceed 20%. If the price falls to 75000, the pullback will reach 30%.
It is worth mentioning that during the bull market in January 2021, BTC's pullback reached 31%. Subsequently, within three months, SOL's increase exceeded ten times. DOGE's maximum increase reached twenty times.
After Christmas night, BTC has been weakening; could this be seen as a signal that market chips are about to flow into altcoins? Brothers, something big is coming. Press 1 to find Brother Tian and explore tenfold, hundredfold coins.