12.21 Bitcoin market analysis: Bitcoin’s rebound may not be over, and the big cycle has entered a consolidation stage. Short orders will not be opened for the time being. The first take-profit target for long orders is 98,000, and the second take-profit t
What is the trend of Bitcoin today? What is the Bitcoin prediction? 12.21 Bitcoin price today: The current price of Bitcoin is around US$98,000. It fell to US$92,000 yesterday evening, in line with previous expectations. Bitcoin's first target level did reach 92,000, and then rebounded. It is expected that the rebound will be to a certain extent, and it may rise above 100,000 again. However, the decline starting from $108,366 did not form a trend structure. Instead, it showed a three-wave downward structure, which means that after the first stage of the rise, the market entered a consolidation stage and is expected to continue to reach new highs in the future. The current rebound structure may be a three-wave rebound, and it is expected to fall again after the rebound. Based on the above analysis, short orders will not be opened for the time being, and the rebound target may be above 100,000; long orders will take profit at 60% at 98,000, and the rest will depend on whether the profit can be taken above 101,000. 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 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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