Bitcoin Price Update (December 3rd)

This article was written at 14:10. Yesterday, we recommended going long with a target of around 91,000, aiming for at least 3,000-4,000 points in profit. This is a short-term 4-hour resistance level. We also mentioned that long-term long positions could be held with confidence. If the daily close is firmly above 91,300, you can consider going long. Currently, on the 4-hour chart, we can see that Bitcoin's short-term rebound has broken through the previous resistance level around 93. It is currently in a strong bullish phase. This rebound needs to reach at least the 97-98,000 range before a pullback. Those without positions can directly go long with a target of 97-98,000, with a stop-loss order of 2,000 points. For a more conservative approach, wait for a short signal around 98 before entering a short position. Manage your entry opportunities yourself. Click the avatar above to open my profile and discuss market trends. Short-term trading, control risk, and manage your own profits and losses.