HalfWood Summer: Bitcoin's take-profit levels are set at $98,000, $103,300, and $112,500, with dynamic adjustment assessment

BlockBeats News, December 12th. Chinese crypto analyst Banmuxia stated, "Regarding Bitcoin's daily chart, the MA5, MA10, and MA30 have formed a golden cross, thus establishing a subsequent support zone in the $90,500-$91,300 range.

If you had previously entered a long position on Bitcoin in the $89,000-$90,000 range, the price levels of $98,000, $103,300, and $112,500 can be considered as planned take-profit points, to be adjusted based on market conditions. However, the take-profit points are no longer suitable entry points for long positions, as the risk-reward ratio is very low."