Bitcoin has made a breakthrough rise ahead of the key Federal Reserve interest rate decision, with the market at a critical juncture of a long-short game.
The current primary resistance is in the range of $94,000 to $95,000, with $94,500 being the upper Bollinger Band pressure level, and $95,000 being a psychological barrier and the 0.618 Fibonacci level (corresponding to previous declines); if it can effectively break through, the next target will point to the range of $98,000 to $100,000.
Daily level: The MACD indicator continues to show increased volume, with the DIF and DEA lines pushing upwards towards the zero axis, forming a strong continuation pattern after a golden cross; the KDJ indicator shows a bullish arrangement, although it is close to the overbought area, no turning signal has appeared yet; the candlestick has broken through the upper Bollinger Band, with an expanding trend, indicating strong bullish momentum.
Four-hour level: The Bollinger Band is expanding upwards, and the price continues to operate near the upper band; the MACD red bars are maintaining a high level, with good volume support; the RSI indicator is currently in a neutral to bullish range at 52, with no obvious overbought pressure, still having upward elasticity.
12.10 Bitcoin: 92,000-91,500, target 92,600-94,700 stop loss 91,000$BTC
The price of Bitcoin fell below $90,000 in today's early Asian market, then rebounded somewhat. As of now, the price is still struggling to hold the $90,000 level.
This week, the focus is on the Federal Reserve's (FOMC) interest rate decision to be announced on Wednesday. Historical data shows that in the 7 FOMC meetings held this year, Bitcoin only recorded a rise once after the meetings.
Technical Aspects After rebounding from the $80,000 range, some technical indicators (such as the 14-day RSI) have risen from the oversold zone, indicating active buying in the short term. Order book data shows significant buy orders clustering around $89,400, which may form short-term support. Recent sharp adjustments may have overly reflected pessimistic sentiment, and the market leverage is not high, providing space for subsequent rebounds.
12.9 Bitcoin: 90,000-89,500, target 90,800-93,200 Stop loss 89,000
A beautiful day has begun again, making money can cure all the injustices in the world.
The 92000 mentioned yesterday is the dividing line of strength and weakness, and as expected, it rebounded after touching it. However, the 89500 we provided is still very critical, close to 1800 iodine space.
This morning saw a sharp drop, let's first observe the support situation at 98500, and later we will provide real-time orders based on market fluctuations. $BTC
December 8th Bitcoin Trend Analysis and Trading Suggestions Bitcoin has seen a short-term rise today, briefly breaking through $91,000 and maintaining the $90,000 threshold for three consecutive trading days, overall showing a high-level consolidation trend.
On the daily chart, the price has formed a rising wedge, a pattern that usually appears after a period of increase, indicating a possible weakening of momentum and an upcoming increase in volatility.
After multiple recent tests of the $87,000 - $88,000 area, the price rebounded, with this level coinciding with the Fibonacci 0.382 retracement level of the previous upward wave, forming a key technical support. The $92,000 level above has become a recent dividing line for strength and weakness; whether it can stabilize at this point is key to the continuation of the rebound.
I just chatted with a student and was completely stunned —— he has been in the crypto world for three whole years and has never sold U! What about you? $BTC
December 25 Bitcoin Analysis and Trading Suggestions
Bitcoin is at a critical technical decision point, hovering below key resistance levels. The current market focus is on the resistance range of 93,000-94,000.
If the price can achieve an effective breakthrough on a daily or weekly level and hold, it may open up upward space toward $100,000.
Conversely, if it encounters resistance again and falls back, the price may retest the 90,000 support level, or even dip into the 88,000-89,000 range.
Xing Ge believes that Bitcoin's failure to turn the annual opening price (around 93,500) into support indicates that "bearish arguments remain strong." The price still needs to overcome multiple resistances such as the 50-week EMA to reverse the short-term bearish structure.
December 5 $BTC : 93,000-93,500 range, target 92,300-89,400 Stop loss 94,100
The above views are for reference only and do not constitute investment advice. Investors operate at their own risk!
The fryer is on! Institutions are collectively fleeing, is a bloodbath coming?
BlackRock leads the sell-off! Tianjin secretly cashes out!
All the institutions are in plain sight fleeing the peak — racing away faster than anyone else!
It's just missing MicroStrategy as the last straw; once it sells, will BTC directly flip the table?
Don't be deluded by how powerful the institutions are; this group of capital heavyweights knows best that "silence = panic"!
When the market is silent and retail investors are still fantasizing about a rebound, they are already stepping on the gas and racing for their lives —
Institutions understand better than anyone: in the crypto circle, if you can't outrun others, you become someone else's prey!
Do you think it's a washout? In fact, it's institutions harvesting in advance, leaving retail investors with nothing but guarding and liquidation!
Current BTC is the institutions' "ATM escape scene"
Those who understand are already hedging, while those who don't are still catching the falling knife.
In this wave of institutional exodus, do you dare to bet that you're not the last one left? $BTC
Once upon a time, I was just like you, staring at the charts in the deep of the night Anxious and sleepless amidst the ups and downs of the candlestick.
Today the account makes a 20% profit, tomorrow it loses 30%, like riding a roller coaster, even more like walking barefoot on broken glass—painful, yet unable to find a way out.
Until one day I truly realized: "Profit is not about predicting the market correctly, but about controlling oneself to wait for it." This sentence completely rewrote my trading trajectory.
Stage One: Acknowledging powerlessness is the beginning of true strength I was once obsessed with complex indicators and day-and-night review, always wanting to find the "holy grail" of trading. The more I pursued precision, the heavier my losses became. The market never plays by the rules; attempting to predict it is as futile as trying to block the waves with my hands. Until I bowed my head and admitted: I cannot control the market. But this is not surrender, but awakening—real traders do not conquer the market, but tame their own hearts.
Stage Two: Master yourself, and do two small things well 1️⃣ Risk management, like giving trading "insurance" Before placing an order, I only ask myself: Can I calmly accept this loss? If not, I give up on even the most tempting opportunities—this is not cowardice, it is clarity.
2️⃣ Emotion management, saying goodbye to "overhead" operations Do not regret losses, do not rejoice in profits. I only focus on whether I strictly follow the rules: a loss that complies with the rules is also correct, and a profit that violates the rules is also wrong.
Stage Three: Stability is just a natural result After persisting in controlling myself for half a year, the account curve no longer fluctuates wildly, and begins to rise steadily. It turns out that stable profits are not "chased" but are a necessary reward after correct behavior. Just like planting in spring and harvesting in autumn, there is no need to dig up the soil every day to check on the seeds, just water them on time and wait patiently for the flowers to bloom. Trading is the same: let go of the obsession with individual profits and losses, adhere to the rules, and profits will naturally come uninvited.
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✨ What can defeat you is never the market, but your uncontrollable self; What can lead you to profit is never luck, but a clear self-control.
Even the great Einstein may not be able to stand firm in the crypto world.
Many people, including myself, when first exposed to trading, believe it is a game that requires high IQ and high computational ability, and only smart people can make money.
After trading for a while, I realized that the success or failure of trading is not related to IQ, but more closely related to execution, discipline, and emotional control.
Those who truly achieve stable profits in the market are not necessarily the smartest, but they are definitely those with a good mindset, strong execution, and high self-discipline.
They do not casually change their trading plans, do not let emotions dominate their decisions, and do not become complacent after making money or emotionally collapse after losses.
The core of trading has never been intelligence, but self-control.
December 2 After experiencing a significant drop on the previous trading day, Bitcoin is currently in a technical consolidation phase near a key support area.
Currently, there is a clear "sell high" sentiment at the key resistance level of 92,000-93,000, confirming this area as strong resistance. If the price cannot hold above 86,000, the bearish target will directly point to the support range of 80,400-80,600.
The core task of the bulls is defense. The primary goal is to regain and stabilize the 88,000-89,000 area, converting it into support to prevent the price from sliding further to lower lows. If successful, there is hope for another attack on the resistance area.
Technical Aspects The price has dropped below the 100-hour moving average and fell back after encountering strong resistance at the 20-day simple moving average during yesterday's rebound. The RSI has entered the oversold zone, which may trigger a technical rebound in the short term. However, indicators like MACD remain in negative territory, indicating that bearish momentum has not yet exhausted.
Against the backdrop of being oversold on the daily level, there is a possibility of a technical rebound in the short term, but the warning signals from the medium-term chart suggest that any rebound may face selling pressure.
December 2 $BTC Bitcoin: 86,700-87,200, target 86,000-83,400 stop loss 87,700
The intraday Bitcoin price has fallen to $85,536, a decline of nearly 6%. This drop is not isolated, as the entire cryptocurrency market is experiencing a "collective plunge," with major tokens like Ethereum also seeing significant declines.
The direct catalyst for the drop may be related to sudden rumors in the market about the Federal Reserve Chair. Additionally, the People's Bank of China has recently reaffirmed its prohibitive policies on virtual currencies, and the downgrade of the rating for the USD stablecoin USDT has also intensified negative sentiment in the market.
After Bitcoin broke through multiple short-term supports, the technical outlook has weakened, and it may continue to seek support downwards in the short term.
Key price levels to watch include: the intraday low range of $86,000-$85,500; if it breaks below, the next target looks towards the on-chain cost support at $81,700, as well as the psychologically significant level of $80,000 that the market is widely watching.
12.1 Bitcoin: 87,000-87,500, target 86,300-85,300 stop loss 88,000$BTC
Bitcoin is currently experiencing intense competition between bulls and bears after a rebound, with prices fluctuating around the 91,000 mark.
Today is the Thanksgiving holiday in the United States, the U.S. stock market is closed, and market liquidity may decrease.
The probability of the Federal Reserve cutting interest rates by 25 basis points in December has risen to 84.9%, which is the main driving force in the current market. The expectation of a rate cut is likely to boost global risk asset preferences, which is positive for the cryptocurrency market.
During the day, the currency price is in a high-level consolidation phase, facing short-term pullback pressure, but the medium-term upward trend remains intact. It is recommended to sell high and buy low, operating within the 90,000-93,000 range, with a key focus on the breakthrough situation at 94,000, which will be a key signal for determining whether the medium-term trend accelerates.
11.28 Bitcoin: 91,000-90,500, target 91,600-92,500, stop loss 90,000
In this wolf-like cryptocurrency market, small capital wants to grow big. There are only two choices; either roll over or compound interest. Many big names in the stock market dare to heavily invest to achieve hundredfold or thousandfold returns.
Heavy investment and aggressive actions, at critical points, require courage that is not reckless gambling, but rather a well-thought-out plan and risk control, daring to heavily invest at high probability moments.
This is why others can achieve A8, A9 after just one or two rounds of a bull market!
Before a big rise, there must be a pit dug; before a big drop, there must be madness.
Market trends are always counterintuitive. Before a big rise, deep squats dig a pit, causing you immense pain. Unable to endure the torment, retail investors cut their losses, and then the stock starts to rise sharply. This makes the retail investors who exit deeply regretful.
Before a big drop, there must be a rapid increase, attracting retail investors to chase purchases, while the main force takes the opportunity to sell off shares. Therefore, watching the market does not help hold onto stocks, as the buying and selling actions of the vast majority of people are driven by human nature.
The market's expectations for the Federal Reserve's interest rate cuts and the increased holdings by institutions have greatly boosted Bitcoin's attractiveness, helping it break through the 90,000 mark. Technical indicators are warming up, establishing a short-term rebound trend.
Technical aspects: Daily: DIF is still below the zero axis, but the green bars have shortened for two consecutive days, indicating a weakening of bearish momentum. 4 Hours: Golden cross upward, red momentum bars expanding, bullish dominance. Hourly: Golden cross upward, short-term bias towards bullish.
After returning to $90,000, the market is at a critical crossroads, with positive changes in capital and sentiment clashing with warning long-term technical indicators.
Pay close attention to the short-term resistance level at 92,000 and the support level at 85,500. A breakout or breakdown in price will become an important signal for short-term directional choice.
$BTC Bitcoin's early trading showed slight fluctuations upward, with prices oscillating between $86,100 and $88,500, failing to break yesterday's high of $89,000. Overall, it presents a weak rebound pattern, with trading volume shrinking compared to the previous day, indicating a strong wait-and-see sentiment in the market.
Throughout November, global cryptocurrency ETF/ETP outflows have exceeded $6 billion, setting a historical record. Continuous outflows of funds will put pressure on the market.
Multiple long-term indicators show signals that are not optimistic. The monthly MACD indicator has shown a death cross for the first time since January 2022. Historically, the previous three similar situations have led to an average decline of about 60%. Additionally, the 50-day moving average has also crossed below the 200-day line, forming a "death cross". Although this pattern has marked local bottoms in the past year, in 2022, it foreshadowed the beginning of a bear market.
Current technical indicators show signs of a short-term oversold rebound, but the long-term trend remains bearish.
November 26 Bitcoin: $88,300-$88,800, target $87,500-$85,500