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LINK $15.46 +10.06%
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ZEC $1,483.65 -6.79%
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AMZN $246.56 -1.01%
GOOGL $342.63 -0.21%
MSFT $509.76 -1.25%
META $718.66 -3.92%
NVDA $229.46 +2.08%
TSLA $358.12 -3.87%
SNDK $1,712.82 -3.47%
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SPCX $146.24 -2.11%
MU $1,056.01 -2.94%
AMD $610.40 -3.31%

Hanmuxia: The Bitcoin profit-taking targets are set at $98,000, $103,300, and $112,500, with dynamic adjustments based on judgment

2025-12-12 14:53:57

Chinese cryptocurrency analyst Banmuxia stated, "In terms of Bitcoin's daily chart, the MA5, MA10, and MA30 have formed a golden cross, thus creating a subsequent support area in the range of $90,500 to $91,300.

If you have previously gone long on Bitcoin in the range of $89,000 to $90,000, $98,000, $103,300, and $112,500 can be considered as planned take-profit points, adjusting judgments based on market dynamics. However, the take-profit levels are no longer suitable entry points for going long, as the risk-reward ratio is very low."

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