2024-12-14 BTC Morning Analysis

Currently, BTC is running the third wave of a 1-hour rebound from 94265 that started on the 11th of this month.

In yesterday's market analysis, it was mentioned that if this rebound cannot break through 102000 in the short term, it will retrace to 99000, which eventually occurred at 99600, aligning with expectations.

After the price retraced to 99600, it quickly recovered above 101000, indicating that the 15-minute level rebound is still ongoing. If the price successfully breaks through 101800 next, it is expected to reach around 103000 in the afternoon (as indicated by the green arrow).

However, if the third attempt to break through 101800 fails, there will be a small correction, retracing to around the 10 level (as shown by the black arrow). $BTC $ETH #BTC☀ #BTC走势分析

Morning trading suggestion:

BTC buy near 100000-100500, look to sell near 102500-103000.

ETH buy near 3865-3880, look to sell near 3935-3950.