Banmu Xia: Bitcoin moving averages are converging to form a key resistance. A breakout will signal a crucial bullish indication.

December 15, Chinese crypto analyst Ban Mu Xia released an analysis video today stating that although Bitcoin has fallen below $90,000, the trend remains intact. Multiple moving averages on the 4-hour chart are converging to form a key resistance (around the $90,500 range). A breakout above this level would be a critical bullish signal. Additionally, Ban Mu Xia lowered the take-profit points to $96,200, $101,600, $110,000, and $112,500 (previously set at “98,000, 103,300, and 112,500 USD, with dynamic adjustments”), and once again emphasized that, in the context of improved liquidity, assets like Bitcoin are still highly likely to rise.