The movement on the foreign markets this afternoon triggered a wave. $BTC indeed rose as expected, but the upward momentum couldn't be sustained and has now returned to consolidation. From the hourly chart, as long as Bitcoin can break above the flag pattern top at 88150, there will be a chance for further upward attack tonight. Without a breakout, it's basically unlikely. Conversely, if the flag pattern is broken, it will need to retest the previous low at 84450.
The current trading strategy is as follows: $BTC has support around 87600, so consider entering at this level. The target zone above is set between 89500-90300.
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#数字资产市场洞察 12.19 Evening Bitcoin Observation
The movement on the foreign markets this afternoon triggered a wave. $BTC indeed rose as expected, but the upward momentum couldn't be sustained and has now returned to consolidation. From the hourly chart, as long as Bitcoin can break above the flag pattern top at 88150, there will be a chance for further upward attack tonight. Without a breakout, it's basically unlikely. Conversely, if the flag pattern is broken, it will need to retest the previous low at 84450.
The current trading strategy is as follows: $BTC has support around 87600, so consider entering at this level. The target zone above is set between 89500-90300.
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