12.20 Friday intraday analysis

From the perspective of the market trend, Bitcoin fell faster than expected, which is a short-term trend. After the short-term rapid decline, it also means that the short-term will enter the 97000-100000 area to start the oscillation, and after the bad news is exhausted, there is almost no room below in the short term.

The four-hour structure shows that the price has been blocked by the middle track many times before, and the current decline has broken the previous strong consolidation correction pattern. Combined with the Bollinger Bands indicator, the middle track turns downward, and the lower track opening has a tendency to expand, but the three lines of the KDJ indicator have begun to converge, and the green kinetic energy column of the MACD indicator has gradually shortened, indicating that the short-term strength has weakened. At the end of today's week, we need to pay close attention to the conversion of long and short forces, whether it is a strong recovery after a retracement or a further decline. If it falls further, the strong upward pattern will be broken, and the short-term will enter the falling channel; on the contrary, if it can stabilize and recover the lost ground, the bulls will regain the upward trend and continue to accumulate momentum to expand the space upward.

It is recommended to buy Bitcoin around 97,000, and the target is 98,500-100,000.

You met Ye Fan in the vast crowd, this is fate! There are often good horses, but there are not often good horse trainers. It is not only the good horses that make good horse trainers, but also the good horse trainers that make good horses, so the choice is very important. #USUAL持续飙升 #比特币市场波动观察 #加密市场回调 $BTC $ETH