2025-12-30 02:27:13

Bitcoin's movement on December 30th gave us a good opportunity. When the price dipped to around 86,750, it precisely touched the lower Bollinger Band, which is a typical oversold support zone. Interestingly, the rally quickly rebounded and stabilized above 87,000, forming a quite obvious bottoming reversal candlestick pattern, indicating that there is still strong buying support below.

From a technical perspective, you can consider going long within the range of 86,800 to 86,300. If the price breaks through smoothly, the resistance levels above can be around 88,000 to 89,000. Of course, when trading such setups, remember to set proper stop-loss orders, as market volatility always exists.

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ApeWithNoFear

· 11h ago

Bollinger Bands lower band provides precise support. This wave is indeed quite interesting, and the buying pressure is pretty good. Wait, is entering at 86,800 really safe? What if it's a false breakout again? The 87,000 level seems to require repeated testing. Don't be too optimistic. I'm optimistic about 88,000, but you must set a stop-loss. Market conditions can turn around suddenly. This range is indeed a good entry point; it all depends on whether it can hold steady afterward. Only a confirmed breakout above 88,000 counts as a true rebound. It's still early. Is there enough buying pressure? I think it's more like a rebound. Don't even dream of 89,000 yet.

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NFTregretter

· 12h ago

The lower band of the Bollinger Bands was indeed hit precisely this time, but whether 87,000 can hold depends on the subsequent volume. Honestly, every time you say there's enough buying power to absorb the sell-off, I start to doubt it. However, the 86,300 level might be worth a try; just make sure to set strict stop-losses and don't be greedy.

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OnchainHolmes

· 12h ago

The lower band of the Bollinger Bands is really impressive; the buying pressure is still there.

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BridgeTrustFund

· 12h ago

The Bollinger Bands are bottoming out again, can we not crash again this time...

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LostBetweenChains

· 12h ago

The lower band of the Bollinger Bands is really impressive, I agree that the buying support is strong, and stabilizing at 87,000 is indeed a signal. --- The move from 86,300 to 86,800 feels a bit like gambling... Proper stop-loss settings are the real key. --- This pattern of Bitcoin's movement is definitely a oversold rebound strategy. Whether 88,000 can be broken depends on the subsequent volume. --- Strong buying support? Why do I feel there might still be some shakeout before a rally? --- This technical analysis is quite good, but can the resistance at 88 to 89 really be absorbed? It's a bit uncertain. --- The lower band of the Bollinger Bands was very accurate this time, but I still want to wait and see, as there are too many variables.

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CryptoCross-TalkClub

· 12h ago

Laughing out loud, it's Bollinger Bands again and stop-loss again. You sound so professional, I feel reassured. Anyway, losing money is all the same.

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