#BTC# Morning analysis on December 8


The 1-hour K-line of BTC shows that the current price is steadily rising based on the short-term moving average system, forming a step-like upward pattern. The MACD indicator has formed a secondary golden cross above the zero line, with red histogram momentum continuously increasing. The RSI value has risen to around 65 without showing divergence, and the trading volume is moderately expanding, indicating a clear control by the bulls. The short-term upward trend is expected to continue.
Suggestion: Buy around 118900, look at 119500 to 121000.
BTC-0.95%
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