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December 30 Morning Silk Road
Last night, Bitcoin continued to decline, touching a low of around 86,700 before stabilizing and rebounding. After rising to the 88,100 level, it began to fluctuate and consolidate, currently trading around 87,100.
From the 4-hour chart, the price quickly rebounded after probing the lower Bollinger Band, which formed an effective strong support. The price also returned to the Bollinger Band range to oscillate. After breaking through the previous high resistance at 90,400, the recent pullback did not break the key support, indicating a generally strong structure. The morning strategy is mainly to buy on dips.
✅ Bitcoin: Buy in the 86,200-86,700 range, target 87,800-88,500
✅ Altcoin: Buy in the 2,880-2,910 range, target 2,960-2,990
$BTC