【2024-12-6 BTC market trend】

Currently, the Bitcoin market is still sideways in this area. After setting a new high yesterday and breaking through 100,000 US dollars, it suddenly plunged 9% this morning. This wave of plunges confused all the contract traders, because there were too many people who were long, and the dealer used some common means to scare away these long people in order to clean up the market.

Currently, Bitcoin is still in this area: 91437.8-99176.7. If it does not fall below this position: 91437, there will be no deep correction. If it falls below this position, everyone's long-term long orders with profits need to reduce their positions. Pay attention to the daily line shock. If it does not break here, it proves that the strength of the bulls is still continuing and waiting for more entry. #BTC翻倍之路