11.21 indicated a stop of the fall, 12.11 indicated 124600 as the stage high point, and a pullback is imminent. On 12.19 at around 84700, a position was built and a notification was sent out to everyone, and that night it was indicated that a pullback near 86500 still allows for building a position. Those who kept up with the rhythm have managed to make some profit, it's never too late.
There are two possible trends for the rock sugar orange moving forward:
Blue Route: Continue to rise before the US stock market opens, a pullback in the early morning, after a brief rest, continue to rise. Once effectively breaking through 90200, it is officially confirmed to enter a new round of rise, which is at the same level as 80600-94600, with target positions at 97000/103000, ending as early as the week of January 5 according to Gann time.
Red Route: Multiple upward tests but unable to break through 90200, followed by a pullback, this trend may continue to adjust until the week of 12.29. However, as long as 80600 is not broken, the bullish outlook remains, and a pullback is actually a good opportunity to Build a Position. After finding the adjustment endpoint, it will rise to the Gann timing of the week of January 12, with target levels of 97000/103000 unchanged.
The difference between red and blue lies in whether the adjustment has ended, while the subsequent bullish expectation remains unchanged.
Considering that some friends have high leverage and heavy positions, and the red route cannot be ruled out. #btc $BTC
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.
11.21 indicated a stop of the fall, 12.11 indicated 124600 as the stage high point, and a pullback is imminent. On 12.19 at around 84700, a position was built and a notification was sent out to everyone, and that night it was indicated that a pullback near 86500 still allows for building a position. Those who kept up with the rhythm have managed to make some profit, it's never too late.
There are two possible trends for the rock sugar orange moving forward:
Blue Route: Continue to rise before the US stock market opens, a pullback in the early morning, after a brief rest, continue to rise. Once effectively breaking through 90200, it is officially confirmed to enter a new round of rise, which is at the same level as 80600-94600, with target positions at 97000/103000, ending as early as the week of January 5 according to Gann time.
Red Route: Multiple upward tests but unable to break through 90200, followed by a pullback, this trend may continue to adjust until the week of 12.29. However, as long as 80600 is not broken, the bullish outlook remains, and a pullback is actually a good opportunity to Build a Position. After finding the adjustment endpoint, it will rise to the Gann timing of the week of January 12, with target levels of 97000/103000 unchanged.
The difference between red and blue lies in whether the adjustment has ended, while the subsequent bullish expectation remains unchanged.
Considering that some friends have high leverage and heavy positions, and the red route cannot be ruled out.
#btc $BTC