December 5, Bitcoin late trading analysis!
Technical structure, from the daily level, the running channel remains in a state of slowly opening upward, the price has not formed too much downward reversal and upward, the long volume maintains the entity arrangement to maintain the high price consolidation, the moving average forms a roundabout upward trend, the trend remains to repair and go up, and it is only a matter of time to break through.
From the four-hour technical indicator chart, the running channel continues to open downward, the price tries to recover from weakness, the short volume is arranged and the volume is reduced, and the moving average turns and shows certain signs of roundabout. The small cycle pattern still continues to be weak and enters a shock repair stage.
Bitcoin personal operation suggestion: long near 102500, the target is to see 103500-104500 breakthrough and continue to look up!
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