Can BTC stand above 12000? The market outlook is soaring and falling, life is hanging by a thread

【8/7BTC technical trend analysis】

Yesterday continued to show a step-wise rise. The firm position was placed at 11610 and the take-profit was 11850. Then there was a wave of short-term around 11860. The morning take-profit was 11700, and the long-short take-profit was 400 points.Looking at the daily line, the momentum has not diminished after a continuous upward attack. Yesterday it broke through the 11800 line and consolidated. The next step is to test the 12000 mark. The moving average continues to maintain an upward posture. The current market bulls are still strong. If it is stable, then there is no problem for the bulls to continue to set new highs. From the four-hour analysis, the Bollinger Bands maintained an upward opening posture, and the middle rail moved up to the 11500 line. The MACD energy column did not continue to increase in volume, but the form maintained a golden cross above the 0 axis. The overall trend is still bullish. As long as there is no effective fall below the middle rail 11500, it is mainly to do long. It is not recommended to pursue orders directly above 800. After all, the 12000 mark has not been broken. The problem is that the operation is not temporary, but stable first, and it is not too late to follow up after getting effective confirmation. The upper pressure within the day is 12000-12100, and the lower support is 11750-11650. Yesterday was cruel, today is cruel, but tomorrow will be beautiful, but as a successful trader, only by withstanding this cruelty can you meet the dawn! The road of trading has never been a bright road, it is a lonely road, because only tranquility can judge the situation!