12-30

Bitcoin Daily Chart Observation

Yesterday, Bitcoin surged to 90373, appearing very momentum-driven at first, but ultimately couldn't hold, falling back to around 86760. Interestingly, this 86760 level wasn't broken directly; instead, it acted as a support—indicating that this line might still have some significance.

In the short term, a rebound around this area is likely. If you want to follow this trend, the 86800 to 86500 range is a good entry point for bulls, with an upper target of 88500. Of course, this depends on the price not falling sharply below the support; otherwise, the strategy would need to be adjusted. That's how the crypto market works—every data point speaks.

Although it's the end of the year and settlement is approaching, small positions based on data are still feasible.