12.27/Bitcoin bullish range---96000-99000

12.27/Bitcoin bullish range---96000-99000

Let's look back at the four-hour cycle of Bitcoin:
We can clearly observe that Bitcoin has formed a triangle reverse divergence wave.
This means that the area around 108000 is not necessarily the final top.

We need to understand a rule:
1: Abnormal plunge, 80% often start from the highest point of the price
2: Abnormal surge, 80% often start from the lowest point of the price
3: Normal plunge and surge, 80% often start after a long period of horizontal shock.

Abnormal factors: political game, news hype, panic + greed
Normal factors: normal price game, capital game.

Therefore, the state shown in the chart often reflects the health of the current Bitcoin trend.

If I were a doctor and Bitcoin came to see a doctor, I would immediately determine that it was a mutant.
Some people use mutant genes to make money.
Some people feel insecure because of mutants.

Politics needs mutants, because people who play politics are lazy, and this is obviously a problem they need to face, but their minds are full of opportunism and plunder.
Ordinary people don't actually need it, because ordinary people can only make money through pragmatism.

Technical analysis:
Bitcoin does not see signs of a sharp decline in the short term, and has been fluctuating around 96,000 in the past two days.
I am more optimistic about the upward triangle convergence oscillation pattern
Of course: If 93,500 is broken, Bitcoin still faces the possibility of a sharp drop.
And 92,000 is the last underwear worn by all long traders.

If it falls below here, they will be out of luck
But the current trend can return to 96,000-99,000 again. I believe this is a good thing for both bulls and bears. This is a healthy trend for Bitcoin. At least we can see a normal market game.
Now I publish the team's layout in the chart, as you can see:

BUY1：94500-95000

SL1:93400

SL2:92400

TP1:97500

TP2:100000

If I fail to go long this time, I will face a back and forth slap in the face. But I hope everyone can rest assured about my transactions, as I have fully taken appropriate risk control measures. Even if we fail, we still have a chance to fight again.
I have always said that 92000-94000 is the life and death zone of Bitcoin.
And adhering to your own trading direction must pay a price.
Let us fight for our beliefs.
After all, our goal will appear on a higher mountain top, right?
110000. It will come eventually.