12.23 Bitcoin Strategy
Looking at Bitcoin on the four-hour cycle, the bullish consolidation pattern is clear and stable. Although short-term market fluctuations have intensified, the lows during the pullback process continue to rise, and the key support area below has not been effectively broken by bears, which visually demonstrates the strong buying pressure during the market adjustment phase. Bulls are in an active consolidation phase, waiting for the opportunity to make further moves.
Bitcoin is suggested around 87500 and 87000, with a target of 90000. If it breaks strongly, it will continue to look up to 92000.
