Analysis on Friday night on December 20

The overall trend of the intraday market was consistent with expectations, and it fluctuated in the central axis of the 97,000 area, and successfully won more than 1,000 yuan. The key support level of 97,000 was followed by the break, and the current market is fluctuating around 93,800. The downward trend may further continue to 93,000-92,500, and point to the 92,000 integer mark

The four-hour market shows that the price ratio has been blocked by the middle track many times before, and the current decline has broken the previous strong consolidation correction pattern. Combined with the Bollinger Bands indicator, the middle track turns downward, and the lower track opening has a tendency to expand, but the three lines of the KDJ indicator have begun to converge, and the green kinetic energy column of the MACD indicator has gradually shortened, indicating that the short-selling force has weakened. I don’t know whether the market will rise first and then step back in the evening. We need to pay close attention to the conversion of long and short forces, whether it will recover strongly after stepping back or further explore.

It is recommended to trade around 94500 for Bitcoin, and the target is 93000-92000.

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