12.11 Wednesday Morning Bitcoin Analysis



From the 1-hour chart, influenced by the Federal Reserve meeting, the price rapidly surged to around 94,500 and then retreated. Although currently in a downtrend, the KDJ indicator is in the oversold zone, and the downward momentum is gradually weakening, so it can be accumulated at lower levels.

Personal suggestion, for reference only (strictly set stop-loss)
Bitcoin can be accumulated around 89,000-90,000, with targets of 93,000-95,000.
BTC-0.42%
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