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Analysis of Bitcoin on Thursday Morning, 12.4
Looking at the 4-hour chart, Bitcoin has broken through the resistance level and established itself at a key position. The upward channel is fully open, and the bulls are in control. Technically, the MACD golden cross has appeared with the green bars continuing to increase in volume. The overall strategy for today is to maintain a buy-on-dips approach.
Personal suggestion, for reference only (set strict stop-loss)
Bitcoin can be bought in the 92,500-91,700 range, with a target of 96,000-98,000.