12.20 Bitcoin market analysis: Bitcoin’s first period of rising market has ended, and it can be shorted in batches near 99,000, with the first target near 92,000 (Bitcoin contract trading) Commander

What is the trend of Bitcoin today? What is the Bitcoin prediction? 12.20 Bitcoin price trend today: Bitcoin fell below the key position of $98,000 last night. This drop confirmed that the five-wave rising structure since 57,000 has ended. At present, the market has entered the retracement stage and has begun to adjust downward in three waves. In other words, the first period of rising market has ended, and the next step is the process of shock adjustment. From the overall structure, 108,300 is the high point of this wave of rise, and the loss of 98,000 indicates that the correction has begun. In the short term, our target is $92,000, which is the current first support level and we expect there may be some back and forth at this level. But if it continues to decline, the second target level will be between $84,000 and $85,000, and may even fall further to the 20%-33% range of the correction of the high of 108,300. If the price rebounds to around $99,000, you can try to short the position, but high-leverage operations are risky and are not recommended. Based on the above analysis, partners who do not have short orders can place short positions in batches near 99,000, with the first target being near 92,000. 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 from 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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