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Wednesday, 12.17 Midday Bitcoin Analysis
From the 4-hour chart, after the price surged to 88,000, it is now entering a sideways consolidation phase. Technical indicators show that MACD is above the zero line with a golden cross beginning to form, and KDJ continues its upward trend. Overall, the chart still shows a bullish arrangement.
Personal suggestion, for reference only (strictly set stop-loss)
Bitcoin can fluctuate around 86,500-85,500, with targets of 89,000-90,000.