BlockBeats News, December 11th. Chinese crypto analyst Banmuxia stated in a post that, "Bitcoin had a surge early this morning, but the magnitude was not sufficient. Now it seems that the rise from $80,500 is forming a rising wedge."At the same time, the $89,000-$90,000 range is a relatively strong support level. The projected price range for the next month is between $103,500 and $112,500. The process may still be very turbulent."