12.10 Wednesday Morning Thought Analysis
The Bitcoin price broke through to around 94600 points last night, still a bit away from 95000, which is a relatively strong resistance level. However, it was expected that this upward breakthrough did not succeed.
The interest rate cut in December is just a few days away. To be honest, the Bitcoin price is already at a low level, and even if there is bad news, it is still a bullish trend. So I still firmly hold a bullish view. Today, we will see if the 95000 level can break through. The daytime trend is a bit slow, but as long as it can break, there shouldn't be much problem afterward.
The morning thought is still mainly about going long at low prices.
Operational Suggestion
Go long between 91500 and 92000 for Bitcoin, aiming for 95000. After breaking through, continue to look upwards; if it fails to break, you can short it back.
