Since the US stock market is closed all day for Christmas, market volatility is not expected to be significant. From the 1-hour chart, Bitcoin's price dipped to 86,355 before rebounding to 88,000. Currently, it is in a consolidation phase, building a bottom, and may soon attempt to break through the key level of 90,000 again.
For trading, it is recommended to operate within the range of 87,000-87,500, with targets set at 89,000-90,500.
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12.25 $BTC Market Analysis
Since the US stock market is closed all day for Christmas, market volatility is not expected to be significant. From the 1-hour chart, Bitcoin's price dipped to 86,355 before rebounding to 88,000. Currently, it is in a consolidation phase, building a bottom, and may soon attempt to break through the key level of 90,000 again.
For trading, it is recommended to operate within the range of 87,000-87,500, with targets set at 89,000-90,500.