Bitcoin Market Analysis - #BTC
【Daily Level】
1)The uptrend channel has been broken, viewed as a rebound rather than the end of a downtrend, continuing 📉
2)The long lower wick on December 20 is more reasonably seen as a 'guiding hand' rather than a bottoming signal
3)The red box 99500-10300 is considered a key resistance level; a breakthrough will form a double bottom structure + return to the price channel, in order to continue bullish
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【4-Hour Level】
1)The trend and arrows given at the 4-hour level are exactly the same, first a rebound, then a decline 📉
2)The 4-hour chart shows a double test structure, with the potential to form a double bottom, but from the daily structure, the probability of a double bottom here is relatively small
3)Support and resistance situation
Support below 92000-93500
Resistance above 99500-10300
Bearish OB on 4-hour: 103600-105500
Bullish OB on 4-hour: 85000-88990
🌟Long-term view: The weekly level target of 110304 has not been achieved, after this decline, it will continue to rise #加密市场盘整 #市场调整後的机会? #圣诞行情预测 #比特币战略储备 #美联储放鹰 $BTC