12.15 Bitcoin Operation Strategy

The road to success is not crowded because there are not many who can persevere until the end. When you want to give up, please tell yourself to hold on a little longer, because often it is this little bit of perseverance that brings you one step closer to your dreams.

On the four-hour level, the market is attacking the middle track of the Bollinger Bands after three consecutive bullish candles, the Bollinger Bands are narrowing, and the price has not broken the range. Although the middle track is gradually declining, the support is solid, and the lows are rising, indicating that the bulls still hold the advantage; the previous consolidation of consecutive bearish candles is a healthy digestion of profit, using time to exchange for space to relieve pressure, and the upward channel is intact.

On the one-hour level, after the market adjustment, the price is running closely below the upper track of the Bollinger Bands, slowly rising in small steps, with higher highs and strong support, currently in a critical phase of accumulation. The overall market has entered a consolidation period, preparing for a subsequent trend breakthrough. The trading suggestion continues the afternoon strategy, supporting long positions above, and be sure to manage your defense.

Trading Suggestions

Bitcoin 88800-89300 long, target looking at 90800, 91800

#BTC #ETH