Bitcoin operating strategy
2024-12-10

A few minutes ago, the price rebounded from the trendline and started to rise to the support level, and when the price reached this level, it traded in the support area for a while. Later, BTC broke through the 90500 level and started to trade within the consolidation, where it traded near the support level for a while before rebounding to the resistance level. After that, the price rebounded from this level, which coincided with the top of the resistance zone range, and pulled back to the support level. Then, BTC rebounded from the support level and soon fell back to the resistance level close to 99500. Next, the price fluctuated repeatedly, and then broke through the resistance level, exited the consolidation, and even rose above the resistance area. But soon, the price turned around and fell to the trendline, broke through the resistance level again, and immediately rose back to this level. Now, the price continues to trade near the resistance level, so I expect BTCUSDT to enter the resistance area and then fall to the trendline. That's why I set the target at 94700 points, which coincides with this line.