The inscription market is booming, can Bitcoin continue to forge ahead?

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1 year ago

Bitcoin Analysis and Operational Suggestions for 12/20

Recently, the cryptocurrency market can be described as a variety of flowers blooming, with daily increases of over 100% being common. Bitcoin, unwilling to fall behind, has surged from around 24,500 in August to 44,700, an increase of basically over 100%. Friends who want to hold stable coins can continue to hold onto Bitcoin, while those looking to get rich overnight can choose a few cryptocurrencies to invest in. There are several cryptocurrencies that are good choices!

The daily trend line of Bitcoin on the 17th can be said to be a very crucial one. It did not successfully break through the middle line of the trend line, resulting in the current overall trend still being bullish. From the hourly chart, there may be a short-term retracement, but the magnitude will not be too large. The support below is at 42,350. It is advisable to go long near this level, as the 4-hour Williams indicator is showing an upward trend in the evening!

Bitcoin Chart

In summary, the operation for Bitcoin intraday: first short, then long, to achieve profits. It is crucial to grasp the positions well!

For specific real-time online guidance, you can follow the official account (Lao Xiao's Coin Diary) and find me for real-time operational guidance!

Lao Xiao's Coin Diary

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