12.19 Bitcoin market analysis: Bitcoin focuses on the key position of 98,000. If it breaks, go long near 92,000. If it does not break, go short above 110,000 (Bitcoin contract trading).
What is the trend of Bitcoin today? What is the Bitcoin prediction? 12.19 Bitcoin price trend today: Bitcoin fell by five to six points last night as a whole, Ethereum fell even more, and the entire market showed a downward trend. The previous red route of direct shock upward has been eliminated because the price has fallen. But whether the wedge is established depends on the key position of 98,000. If 98,000 is not broken, the current callback is still an adjustment within the fifth wave, and there will be a chance to move upward again to complete the final rise of the fifth wave. On the contrary, if 98,000 is broken below, it means that the fifth wave has not really arrived, and the market is still adjusting in the fourth wave. In this case, the support level of 90,000 to 92,000 may be tested below. It is not recommended to open long at this position now. The reason is very simple. We are now at a critical node between breaking and not breaking. If it breaks, it will continue to go down, but if it does not break, it may go up. Wait until the market situation becomes clearer before taking action. If 98,000 does not break and completes the fifth wave upward, I will consider placing short orders at that time; if it breaks and the price drops to around 92,000, it will be a good opportunity for long orders. Based on the above analysis, we can go short above 110,000, or go long around 92,000, without participating in the middle. The latest opinions are shared in the [Bitcoin Commander] channel. Join for free now: https://t.me/junzhangbtc Join for free now: https://t.me/junzhangbtc Get: 1. Practical cheats on contract technology. 2. Daily contract opening strategy. 3. The latest market view of Bitcoin. ★Bitcoin market analysis video daily update blogger, the greatest pleasure in life is to watch the K-line, judge the market trend, and look for opening opportunities. ★Trend Trader, publishes Bitcoin market analysis videos every day. Analyze all original works, not talking about theory, only practical operation. ★Use the wave theory to lead a group of friends to escape the top at 65,000 in April 21, and to buy the bottom at 29,000 in July 21. Jun Zhang focuses on digital currency trading and market sharing, mainly relying on the wave theory to analyze the currency market. The wave theory can predict the cycle and amplitude of Bitcoin’s rise and fall, and has repeatedly verified the effectiveness of the wave theory in the currency circle. 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Contact me: WeChat: btc7299 ⚠️ Important statement: The video is only for personal experience sharing and prediction, not investment advice. The market is changing rapidly, risks are everywhere, and investment needs to be extremely cautious. Market analysis strives to be objective and fair. However, the information and opinions contained in the article are for reference only and do not constitute any investment advice for you. Please operate at your own risk and the author of this video does not assume any responsibility. 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