Can Bitcoin break through the 80,000 mark again? Here's an analysis of the upcoming market trend.
As early as mid-November, it was indicated that Bitcoin's daily MACD needs to first form a golden cross and then a death cross, and only after breaking the lows could a daily divergence occur, leading to a weekly rebound. Currently, the daily MACD has entered the death cross phase, and breaking the key level of 80,600 is almost a certainty. (Refer to Chart 1 and Chart 2)
From the four-hour K-line chart, Bitcoin is forming a clear downward central structure. The recent decline has been quite intense—just in four hours, it wiped out a $10,000 range (from 95,000 to 85,000). At this pace, the probability of the daily level breaking through 80,600 is quite high. (Chart 2 shows this)
Large investors should hold back now and wait patiently. Once it breaks 80,600, we can see if there's a chance to catch a rebound around the 100,000 level, which could have a rebound space of about 25%.
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0xInsomnia
· 12-18 02:20
They're starting to dump again, this rhythm is really incredible.
Whether 80600 will break or not, I won't say. I just want to know if the rebound to 100,000 can really be caught.
The hardest part of bottom-fishing is just waiting patiently.
A $10,000 gap can be dumped at any time, thinking about it still makes me a bit nervous.
Let's wait for the signal; anyway, rushing is useless.
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DegenWhisperer
· 12-18 02:09
Hmm... this drop was indeed fierce, feels like 80600 is definitely broken.
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OffchainWinner
· 12-18 02:08
Hey wait, a rebound of 100,000? I feel like this drop might not bounce back that easily...
#大户持仓动态 $BTC $ETH
Can Bitcoin break through the 80,000 mark again? Here's an analysis of the upcoming market trend.
As early as mid-November, it was indicated that Bitcoin's daily MACD needs to first form a golden cross and then a death cross, and only after breaking the lows could a daily divergence occur, leading to a weekly rebound. Currently, the daily MACD has entered the death cross phase, and breaking the key level of 80,600 is almost a certainty. (Refer to Chart 1 and Chart 2)
From the four-hour K-line chart, Bitcoin is forming a clear downward central structure. The recent decline has been quite intense—just in four hours, it wiped out a $10,000 range (from 95,000 to 85,000). At this pace, the probability of the daily level breaking through 80,600 is quite high. (Chart 2 shows this)
Large investors should hold back now and wait patiently. Once it breaks 80,600, we can see if there's a chance to catch a rebound around the 100,000 level, which could have a rebound space of about 25%.
Updated December 18