12.9 Bitcoin Two Bitcoin Market Analysis

Currently, Bitcoin has formed a perfect alignment with the Dow Theory's 123 rule. From the hourly chart, the overall trend today looks bullish, and my bias is the same. The key range to watch is 89415-89716. Those who prefer left-side trading can enter long at the current price, while right-side traders can wait for a confirmed breakout of the trend line and the appearance of new highs in the next session.