12.25 Bitcoin Market Analysis and Trading Recommendations
The daily line fell from around 99000 last night to around 97000, with the lower Bollinger Band touching and rebounding to around 98300, fluctuating.
Currently running below the middle band, with the opening extending parallel.
In the four-hour structure, the opening is gradually widening, with increased volume in Bitcoin, and the range is gradually reaching its peak. Bitcoin is consolidating around the 98000 level. In the hourly structure, there is an increase in volume for Bitcoin, indicating signs of a pullback.
Bitcoin is fluctuating between 97000-96500, with a target around 99000.
Rebound around 98600-99000, with a target around 97200.
