Bitcoin Market Analysis: Bottom Confirmation Just in the Last Two Days!
From a technical perspective, BTC has already shown clear signs of bottoming out. The key lies in whether it can hold its ground at the descending trend line of 90103 — this is the critical line of life and death for the next 48 hours. If it breaks through and stabilizes, a rally towards 96000 is possible; on the contrary, there is a risk of dropping below 80500.
The CME gap (at the 88000 position) mentioned in the video a couple of days ago has been filled, and the current upward momentum is particularly important. Whether this wave of increase can be confirmed before Christmas will directly determine the strength of the subsequent trend.
Short-term judgment: If it can break through before Christmas, one should be cautious in the mid-term -- it may just be a "dead cat bounce". Continue to be bearish above 100,000. However, if it can rise in the next couple of days, the short-term opportunity should not be missed.
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LiquidatorFlash
· 12-22 12:52
100,000 is asking for too much.
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GasFeeCry
· 12-22 12:49
The rise and fall of trends is hard to say.
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SignatureCollector
· 12-22 12:43
Long positions are still a bit weak.
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BrokenYield
· 12-22 12:38
the trading range consolidation to catch a Rebound
Bitcoin Market Analysis: Bottom Confirmation Just in the Last Two Days!
From a technical perspective, BTC has already shown clear signs of bottoming out. The key lies in whether it can hold its ground at the descending trend line of 90103 — this is the critical line of life and death for the next 48 hours. If it breaks through and stabilizes, a rally towards 96000 is possible; on the contrary, there is a risk of dropping below 80500.
The CME gap (at the 88000 position) mentioned in the video a couple of days ago has been filled, and the current upward momentum is particularly important. Whether this wave of increase can be confirmed before Christmas will directly determine the strength of the subsequent trend.
Short-term judgment: If it can break through before Christmas, one should be cautious in the mid-term -- it may just be a "dead cat bounce". Continue to be bearish above 100,000. However, if it can rise in the next couple of days, the short-term opportunity should not be missed.