Interpretation of Bitcoin trend in the afternoon of December 27:
From the chart, Bitcoin fell down in the four-hour period, and then stayed there, as if taking a rest. Although it seems to be stabilizing, it just didn't rise back. The trading volume is not strong enough, and the speed of rising back is as slow as a snail.
Now, Bitcoin seems to be making small adjustments, so it is difficult to rise suddenly. Although the bulls are also trying hard, the price just can't go up, and it just stays sideways. Moreover, so far, we have not seen any obvious signs that Bitcoin will become stronger.
So, I think we should focus on shorting in the afternoon.
If Bitcoin reaches the range of 97,000 to 96,500, we will try to short, with the target of 95,500 to 95,000.
For the next layout direction, I will lead everyone to aim at the profit opportunities of cottages. There is no problem with the expected space of more than 10 times. Like + leave a message, and take you to layout the entire bull market!
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