Bitcoin Market Analysis (December 23)

Instead of studying the market, it's better to study yourself. Learn to reflect and introspect, allowing yourself to face the market you participate in more objectively and rationally. Geopolitical risks, trade conflicts, and technical aspects are secondary; the key lies within yourself. Understand your own limitations and realize that the essence of trading is not defense, but planned offense. Hello everyone, I'm trader Gege. Today is Monday, and the overall structure of Bitcoin hasn't changed much. I'll briefly update this week's trend prediction. Let's review last week's market. After the weekly close, the price was around 90,000, then it oscillated and retraced, briefly breaking below 85,000 before rising again. This week, the price has returned to around 90,000, with little change in price. The daily chart shows slight changes, which I'll explain below. Continuing with the usual approach, let's start with the weekly chart. The overall structure is still in a low-level consolidation phase, and there's not much to say. Although the previous candlestick closed lower, the key upper level hasn't been broken. The probability of continuing low-level consolidation this week is high. If it can break and stabilize above 92,000, then the key upper level is around 96,000. This line of thinking remains the same as before.