12.20 Chenfei Talks About Cryptocurrency

The market for Bitcoin (BTC) is experiencing strong bearish momentum, reaching around 95700. After this, the market is fluctuating with bullish movements. The price is running upwards after touching the lower boundary, and bulls are beginning to push prices higher. After some consolidation below, the overall trend is gradually moving upwards. Following this significant drop, the bulls are starting to exert force slowly. The KDJ indicator shows bullish momentum starting to rise, and the MACD red momentum is also increasing.

Bitcoin (BTC)

Direction: Long Position

Price Range: 96700~96400

Take Profit: 97400~98000

Stop Loss: 96000

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