12.12 Morning Review Buy on Dips

The Bollinger Bands for Bitcoin are currently continuing to narrow, with the lower band support being unbreakable. Once the price stabilizes above the middle band, the upward space will fully open up.

In terms of moving averages, the MA7 has achieved a golden cross breakthrough with the MA30, making the short-term trend reversal signal clear at a glance. The coin price firmly stands above the dual support of MA30 and EMA30, with EMA7 closely following the coin price to provide dynamic protection. Overall, the arrangement of moving averages is accelerating from a bearish pattern to switch to a bullish camp.

Bitcoin recommendation: near 90700-91200, first target aimed at 93600, if it breaks strongly, continue to look at 96800.

Second coin recommendation: buy near 3215-2990, first target 3260, wave target 3350

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