The positive macro policies continue to be released: The expectation of the Federal Reserve to cut interest rates is the current core driving force. Federal Reserve Governor Whelley, San Francisco Federal Reserve President Daly, and other officials have expressed support for a rate cut in December. The expectation of easing will cause a large amount of funds seeking high returns to flow into risky assets such as Bitcoin. In addition, the US SEC has accelerated the approval process for crypto ETFs, with over 130 pending applications entering the fast lane. The expectation of compliant funds entering the market has increased, providing important support for the Bitcoin price.
Technical indicators have sent multiple bullish signals: After Bitcoin's single-bottom formation on November 21, the daily line has rebounded for three consecutive days. The 25-day range was once close to the $89,000 threshold. On the indicators, the green column of the daily MACD has shortened for several consecutive days, and the bearish momentum has continued to weaken; the MACD at the hourly level crossed above and moved upward, and the price stabilized above the 7-hour EMA line, providing effective short-term support. At the same time, the Fear and Greed Index has been in an extremely fearful range for a long time, which is often an important bottom signal in history, and there is considerable upward potential in the future. The Elliott Wave Theory also shows that this low point tested the fourth wave target area, and there is a possibility of initiating a fifth wave rise.
Bitcoin trading strategy
buy：86000-87000
tp:88000-89000-90000
sl：85000
Technical indicators have sent multiple bullish signals: After Bitcoin's single-bottom formation on November 21, the daily line has rebounded for three consecutive days. The 25-day range was once close to the $89,000 threshold. On the indicators, the green column of the daily MACD has shortened for several consecutive days, and the bearish momentum has continued to weaken; the MACD at the hourly level crossed above and moved upward, and the price stabilized above the 7-hour EMA line, providing effective short-term support. At the same time, the Fear and Greed Index has been in an extremely fearful range for a long time, which is often an important bottom signal in history, and there is considerable upward potential in the future. The Elliott Wave Theory also shows that this low point tested the fourth wave target area, and there is a possibility of initiating a fifth wave rise.
Bitcoin trading strategy
buy：86000-87000
tp:88000-89000-90000
sl：85000
İşlem aktif
The concentration of short positions in the futures market dropped from 81% to 75%, and some short traders began to liquidate their positions for profits. In the options market, the implied volatility (IV) of put options with an exercise price of $85,000 decreased from 85% to 68%, indicating a cooling of bearish sentiment. Meanwhile, the trading volume of call options with an exercise price of $90,000 surged by two times, and the expectation of a rebound began to rise.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.