OUR SCHOOL: BTC breaks out of 12,000 level and reverses and strengthens in no time.

Bi Xiaosheng, Gold Analyst OURBIT: BTC traded yesterday at 11,800. Driven by weak cash flow and Bitcoin hedging, the bulls exploded at 9pm, breaking the immediate tide and hitting $ 12,000. The high hit 12,500 and out of range after 11,100-12,000 days after a few days, and the market is now moving above 12,200. Indicator: BTC started to retreat after hitting 125,000. At an hourly level, the market is moving between the Bollinger Band and the MACD moving average. The KDJ three-line opening diverges downward. The daily trading level is on the middle line of the Bollinger bands, with the golden range of the KDJ 3 line and the MACD speed line stuck. Overall the market is in a crash position entering the 12000-12500 box shock and consolidating. In the short term, we will try the market after it has fallen and rallied to a higher level, paying particular attention to the 12180 support below. The support is worth it. You can think of multiple orders and focus on the above 12,500 keystrokes. You can follow the pattern after the defense break. Be careful with your risk management as the market has changed recently.