BTC is currently rising strongly, with a clear upward trend on the 1-hour chart: the price has stabilized above the middle band of the Bollinger Bands and is climbing towards the upper band; the KDJ golden cross is moving upward and has not reached overbought conditions, indicating strong bullish momentum; trading volume is increasing in tandem, confirming the upward trend with both price and volume rising; the short-term moving averages are in a bullish arrangement providing strong support; the technical analysis is bullish, suggesting to buy on dips and to follow the trend without going against it. Suggestion: Buy in the range of 86500 to 87500, targets: 88500, 89500, 90500 #美股圣诞行情开启
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#SantaRallyBegins $BTC 12.23 Afternoon Analysis
BTC is currently rising strongly, with a clear upward trend on the 1-hour chart: the price has stabilized above the middle band of the Bollinger Bands and is climbing towards the upper band; the KDJ golden cross is moving upward and has not reached overbought conditions, indicating strong bullish momentum; trading volume is increasing in tandem, confirming the upward trend with both price and volume rising; the short-term moving averages are in a bullish arrangement providing strong support; the technical analysis is bullish, suggesting to buy on dips and to follow the trend without going against it.
Suggestion: Buy in the range of 86500 to 87500, targets: 88500, 89500, 90500 #美股圣诞行情开启