$BTC
December 27, analysis of Bitcoin!
Let's review yesterday's market. Bitcoin turned down on time at 12 noon yesterday. It fell from 99,000 to 95,000 for a rebound, but the rebound was weak and did not resume the decline.
It just started to fall at 3 o'clock, breaking the important support level of the small level, and immediately rebounded at 95,000 at 4 o'clock. The position of 95,000 is the center of the large-level support and pressure level. I don't recommend going long at the current price of 97,000. My indicator shows that Bitcoin's 12-hour and 12-level levels are all suppressed by the moving average. It will soon be the turn of the daily K. The contact points are about 91 and 92. It's still the old view that there will be another round of decline and then rebound.
Big cake:
Small level, pressure level 98000, support level 94500
Large level, pressure level 99500, support level 92500
Now is the Christmas holiday period for the Americans, it is all Asian session time, the Asian session is mainly oscillating, it will not pull up or smash the market, it is suitable for trading back and forth.
Auntie's words I will update another one in the evening, your likes and comments are my motivation to update, thank you for your support.