#Bitcoin Digital Currency [Trending Topic]# On the evening of 12.7, short-term outlook

The 1-hour chart of Bitcoin shows a retracement trend. The price has continuously fallen after peaking at 90257, now breaking below the middle band of the Bollinger Bands at 89473, approaching the lower band at 89049, with short-term bearish momentum strengthening.

Technical signals are bearish: KDJ has formed a death cross, MACD red bars are shortening, and bullish momentum is weakening. The Bollinger Bands are flattening, showing signs of a potential breakdown to the downside.

If it breaks below 89049, it may further probe below 88870; even if there is a rebound, it is expected to face pressure near the middle band at 89473.

In terms of operation, if it rebounds to the 89800-90600 area, consider lightly shorting, with a target looking towards around 88200-87100.

The above is personal analysis for reference only; please make cautious decisions for specific operations. $BTC#比特币预测