Cryptocurrency Expert: 12.27 Bitcoin's Rise and Fall, Analyzing Market Trends from Technical Indicators!

　　Current Bitcoin price is 99200, it is now 6 AM Beijing time. Yesterday's target of 97000 has been settled at 99500, and for the southbound target currently set at 96000, half has been realized, and those who chose to go south can continue to hold. There is no rush to exit the market. Currently, although the main force is pushing towards one hundred thousand, the profit taking will not only have a 5000 point space. According to the main force's usual practice, it will further dip. Set a stop profit point for pullbacks and a stop profit point after breaking down. When the market is good, maximize profits, and when the market is bad, be prepared to take profits in time.

　　The daily K-line is about to close. Before this article was published, the daily K-line's highest point was at the 100,000 mark, and the lowest was 95200, breaking the EMA30 support. 97000 has now become the established support turning into resistance, with the next EMA60 support at 91000. MACD is continuing to shrink, and DIF and DEA are spreading downwards close to the 0 axis. As long as it does not break below 90,000, the bulls still have a chance; if it breaks, be prepared for at least a month of sideways market. In that case, Old Chen will choose to start taking a vacation. The Bollinger Bands are contracting quickly, with the lower band support focusing on 93200 and the middle band resistance referencing the 100,000 integer mark.

　　The four-hour K-line shows a door pattern, where the K-line has been hovering above 95000 for a whole day after breaking the EMA trend indicator. MACD is shrinking downwards, and the DIF and DEA are showing a death cross trend. The middle band resistance is clearly at 97000, with the lower band support at 93000. The overall trend is now hovering around the middle band. The upper band resistance is at the 100,000 mark. Speaking of this, I believe everyone has also seen the entry points for both long and short positions. Below, you can refer to the following.

　　Short-term strategy reference: The market is not 100% certain, so always set good stop losses. Safety first, small losses and big gains are the goals.

　　Northbound entry point 93000 to 92000, defend at 91000, stop loss 500 points, target looking at 94500 to 95500, break point looking at 96500 to 97000.

　　Southbound entry point 96500 to 97000, stop loss 500 points, target looking at 95500 to 95000, break point looking at 94500 to 94000.

　　Second southbound entry point 99500 to the 100,000 mark, defend at 100500, stop loss 500 points, target looking at 99000 to 98000, break point looking at 97000.

　　I am a warrior who has always been protecting the investors. I wish my fans achieve financial freedom in 2024. Let's work hard together! $BTC #比特币行情分析 #BTC合约