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#密码资产动态追踪 BTC daily chart analysis (January 12)
Looking at the Bitcoin daily chart, the price is oscillating between the middle and upper bands of the Bollinger Bands. The support level for the medium-term upward trend has not been broken, which is a good sign. However, although the MACD is above the zero line, the histogram is continuously shrinking, indicating that the bullish momentum is weakening. Overall assessment — Bitcoin is currently in a technical consolidation phase and has not yet established a clear direction.
How to operate? Consider shorting if the price rebounds to the 91200-91800 range, with targets around 90000-89500. Holding this position if it can stay above this level is very important for subsequent rebounds.
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