In the four-hour timeframe for BTC, the bullish consolidation pattern is clear and solid. Although short-term market fluctuations have intensified, the lows during the pullback continue to rise, and the key support area below has not been effectively broken by the bears. This trend visually demonstrates the strong buying pressure during the market adjustment phase, with the bulls in a proactive state of consolidation, waiting for an opportunity to exert further strength.
BTC suggests around 87500, 87000, target 90000, if it breaks strongly, continue to look at 92000.
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12.23 BTC strategy
In the four-hour timeframe for BTC, the bullish consolidation pattern is clear and solid. Although short-term market fluctuations have intensified, the lows during the pullback continue to rise, and the key support area below has not been effectively broken by the bears. This trend visually demonstrates the strong buying pressure during the market adjustment phase, with the bulls in a proactive state of consolidation, waiting for an opportunity to exert further strength.
BTC suggests around 87500, 87000, target 90000, if it breaks strongly, continue to look at 92000.