Saturday, December 7th Bitcoin Morning Analysis:

The Bitcoin market at midnight had limited fluctuations, retreating to around 11600 before hitting resistance and rebounding, with a maximum of 118100. Overall, the rhythm has entered a stage of high-level consolidation.

On the four-hour level, the Bollinger Bands are opening upwards, with momentum decreasing, and the candlesticks alternating between bullish and bearish. The trend has shifted from a one-sided upward movement to a seesaw. However, the overall market is still within the upward channel constructed earlier and has not broken down. Additionally, weekend market movements are expected to be limited, with oscillations being the main focus; in terms of operations, aim for high on the lower side and low on the upper side.

Flexible arrangements can be made within the Bitcoin range of 118500-116500. $BTC