BTC update on November 15:
• As I said yesterday, BTC will follow 2 cases yesterday and today. It seems that BTC is following case t2, which means that today it will create a bottom in the 84-85 zone or lower.
• D4 frame: the very important D4 candle will end today. The D4 candle is very bad, if it cannot surpass the 89-90k zone today, it is very likely that BTC will continue to adjust in the next 3-4 days.
My opinion is that BTC will continue to decrease in price to the 83-85 zone. But what I am worried about is that the 70-73k buying zone just now has a very large FOMO, it is very easy for there to be a phenomenon of selling and taking profits if the market has any bad news.
In general, everyone should be careful, install stl of all kinds and should not catch falling knives or block the train, just let the market fluctuate gently to clarify the trend and then enter safely.
• This comment is wrong when BTC today has a 1H candle closing above 89700, guys
You guys should refer to the comment and have your own strategy.