BTC is starting to dawdle again, falling from the high point of 91900 to around 90500, with both bulls and bears continuing to tug at this position.
The daily analysis shows that the price is oscillating below the middle band of the Bollinger Bands at 91000, with an overall bearish structure. After the MACD death cross, it continues to move downwards, with green bars increasing, indicating enhanced bearish momentum on the daily level. Although there is a capital inflow of 152 million, the price has not increased, suggesting that there may be funds supporting at lower levels. In the four-hour analysis, the Bollinger Bands continue to narrow, with the price weakly operating below the middle band. The MACD has a death cross below the zero axis, indicating a clear short-term downward trend. The lower support at 90200 is currently being tested, and this level is crucial. Operation idea: A rebound to 91200-92000 can be considered for a short, with a target below 90500. $BTC #十二月降息预测
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
BTC is starting to dawdle again, falling from the high point of 91900 to around 90500, with both bulls and bears continuing to tug at this position.
The daily analysis shows that the price is oscillating below the middle band of the Bollinger Bands at 91000, with an overall bearish structure. After the MACD death cross, it continues to move downwards, with green bars increasing, indicating enhanced bearish momentum on the daily level. Although there is a capital inflow of 152 million, the price has not increased, suggesting that there may be funds supporting at lower levels. In the four-hour analysis, the Bollinger Bands continue to narrow, with the price weakly operating below the middle band. The MACD has a death cross below the zero axis, indicating a clear short-term downward trend. The lower support at 90200 is currently being tested, and this level is crucial.
Operation idea:
A rebound to 91200-92000 can be considered for a short, with a target below 90500.
$BTC #十二月降息预测