Bitcoin, a brand new December, starting a new upward trend
Dear fans, good morning! A new month begins, may we embrace the warm sun and move forward bravely in this fresh month. Currently, the price of the cake remains stable above the 90,000 mark, with hopes of launching a new upward trend.
The Federal Reserve's expectations for interest rate cuts in December are also becoming one of the core drivers supporting the cake at present. In the new trading day, around the 90,000 integer mark, we are positioning long orders for an upward move, starting a new round of rebound.
Long positions near 90,000, looking at 92,000 for the day, trend aiming for 100,000.
The US stock market is closed. Rising is a skill, while falling is the norm.
In the evening, continue to watch the rhythm of the repairing pullback. The 91,500 short position continues to be held. Today is Thanksgiving in the beautiful country, so the pattern doesn't need to be too large. After our short position target location, we can look at the real-time market to find a position to go long.
Continue to hold the 91500 short position, targeting the 89800 position.
Current price 87,000 suggests to buy more, and during the live broadcast, it suggested to buy more at 86,500. The idea for tonight is to buy more, can you see it now? Whether it's the current price or the live broadcast suggestion, both are very firm.
Large pancake, strongly breaking new highs again, evening pullback continues to go long
The price trend is also fluctuating repeatedly, with several pullbacks failing to break the level. Now there aren't many opportunities for a significant pullback, so directly go long on the current pullback to see 89,000
Continue to hold the long position with a light position at 87,000, and for those who are flat, go long at 86,500 now.
Yesterday's high surge, today's market fluctuates and falls, the downward pattern remains unchanged. The rebound is relatively weak, short directly near 88,000. For fans at high positions, consider shorting near 89,000.
Currently, just execute according to the ideas discussed in the live broadcast.
Bitcoin, after a period of decline, has surged again.
Yesterday, it did not reach the 90,000 mark, but driven by news, it broke through 89,000 and welcomed a rise, closing with a large bullish candle. The current Bitcoin is like a child, fluctuating wildly with big ups and downs.
We need to pay attention to 90,000 above; stabilizing at this position is crucial for a true rise, which is what I mean by a promising future. Below, we need to watch 86,000, where we can see upward movement, looking at it in real-time.
Buy around 86,000, sell around 89,000. Regardless of which position the market touches first, we directly enter.
Bitcoin, after successfully bottoming out, the low position is difficult to change the bullish trend.
From the daily chart, Bitcoin has now stabilized above 84000. If there is no break below this position next week, a rebound is just a matter of time. Currently, if you want to participate in a long position, you might consider looking for upward movement around 85500.
If the price rises as expected, the upper resistance will be between 89700 and 91300. If there is no one-sided upward trend, you can look for downward movement within this range. That's enough talk; the market hasn't moved yet, so the strategy comes first, and the analysis has been provided.
Consider going long around 85700, with a target of 89500.
The price has already fallen below, and if you need to stop loss, just stop loss and don't hold the position. You can always come back and do it again next time.