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December 22 BTC market outlook
BTC stabilized strongly after hovering around the 87500 line last night, reaching a high of approximately 89600.
From a technical structure analysis, the daily chart has recorded three consecutive bullish candles, with bullish momentum continuing to accumulate, and the overall upward trend further extending. Although the volume has somewhat shrunk on the four-hour level, the candlesticks are still closing bullish, and the KDJ indicator has maintained an upward trend after a golden cross at a low position; on the hourly chart, the bullish candles have broken through the mid-line resistance with increased volume, and the moving averages across all time frames are in a bullish arrangement. Considering the signals from multiple time frames, the current market is still dominated by bulls.
BTC trading suggestion: Pullback to around 88400-87700, looking up to around 89800-92000, #2025Gate年度账单