COINOTAG News reports that, on December 15, Chinese crypto analyst Banmuxia released an analysis video noting that Bitcoin remains on an intact trend despite dipping below $90,000, underscoring a disciplined price outlook based on technicals.
On the 4-hour chart, several moving averages converge toward a pivotal resistance near $90,500. A sustained breakout above this level would signal a bullish momentum and validate the current setup.
Banmuxia has revised the take-profit levels to $96,200, $101,600, $110,000, and $112,500 (previously $98,000 and $103,300, subject to dynamic adjustments) in light of improved market liquidity and the potential for further Bitcoin gains.
Investors should treat these points as directional indicators anchored in liquidity dynamics and chart patterns, rather than guarantees, and maintain rigorous risk controls as the market moves toward the noted resistance and potential targets.
Source: https://en.coinotag.com/breakingnews/bitcoin-eyes-breakthrough-above-90500-as-banmuxia-updates-take-profit-targets-to-96200-101600-110000-and-112500
