The latest analysis of BTC/ETH on the evening of December 13
Bitcoin initially surged to around 92600 during the day, then fell to probe around 89400, and started to stabilize and rebound in the afternoon. In the short term, it has stabilized above the middle band of the Bollinger Bands, with the MACD forming a golden cross. The momentum is building, and although it dipped, it did not make a new low. There is strong support below, and in the short term, we continue to look for upward movement.
BTC: Around 89000-89500, with a target looking up to around 90000-91400.
ETH: Around 3030-3070, with a target looking up to around 3100-3160, and breaking would look to 3200.
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