December 18 Bitcoin Market Outlook
Bitcoin is currently around $86,000, having quickly rebounded after testing the 24-hour low, with the $85,000 level forming a solid support. After a continuous decline earlier, the bearish momentum has already weakened, and the conditions for a rebound and recovery are in place.
From the 4-hour chart analysis, the price quickly rebounded after touching the lower Bollinger Band, indicating strong support at the lower band; the downward slope of the Bollinger Bands is gradually slowing, and the band width is narrowing, suggesting a higher probability of an upwa
View OriginalBitcoin is currently around $86,000, having quickly rebounded after testing the 24-hour low, with the $85,000 level forming a solid support. After a continuous decline earlier, the bearish momentum has already weakened, and the conditions for a rebound and recovery are in place.
From the 4-hour chart analysis, the price quickly rebounded after touching the lower Bollinger Band, indicating strong support at the lower band; the downward slope of the Bollinger Bands is gradually slowing, and the band width is narrowing, suggesting a higher probability of an upwa

























