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Bitcoin Price Chart Analysis for 7th December 2023

Bitcoin is moving towards 45K, very much possible. Initially we were looking at just 40K and now 45K is possible. In few weeks we will be above 50K perhaps. That is crypto for you. How to trade Crypto? For that you need to practice daily, learn and follow risk management. Overall, I can see that there is much more to gain than to lose if you follow consistency.

Bitcoin in range

If we reach this 3rd wave top today then look for a pull back which should shake up Alts. Keep stop loss at the peaks, for the Alts that you trade at market order than limit order to save your skin when this starts. However, overall this is bulls market now and we are looking at early signs of buyers coming in.

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