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12.9 Tuesday Morning Bitcoin Analysis
Looking at the 1-hour chart, after rising as expected yesterday, Bitcoin dipped again for consolidation. The main focus going forward is around the 88,000 level. As long as this level holds, you can go long boldly. In terms of technical indicators, the KDJ indicator is performing well and continues to trend upwards, and the 4-hour chart still shows a bullish alignment.
Personal suggestion, for reference only (set strict stop-loss)
You can go long on Bitcoin around 90,000-89,000, with targets at 91,800-93,200.