Morning Market Analysis on December 17
Bitcoin stretched to the 107777 line at midnight and then pulled back to around 105600, currently running around 105900. The predictions made last night all perfectly reached the second target profit level.
From the current four-hour structure, Bitcoin is running on the upper Bollinger Band, with momentum gradually decreasing.
For Bitcoin this morning: a pullback to around 105500-105000 is expected, looking towards 106500-107500.
For Ethereum this morning: a pullback to around 3940-3920 is expected, looking towards 4000-4040.
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