Bitcoin 11.20 Accurate Market Analysis

Good afternoon, brothers

Last week was a week of BTC sideways at high levels, meme coins skyrocketing, and altcoins shrinking.

BTC has repeatedly broken new highs, and this week it is expected to break the 100,000 mark, which will also bring severe fluctuations.

Last week, many meme coins have performed about enough, this week they will start to trap people,

suggesting that everyone should not buy into these meme coins with huge profit margins at high positions, such as Pnut, which need deep corrections.

Yesterday, Trump appointed Howard Lutnick as Secretary of Commerce,

who is a supporter of cryptocurrency,

his company has always been the reserve custodian of the stablecoin Tether.

Along with the previously appointed Attorney General, who is also a cryptocurrency enthusiast.

We can conclude that,

the next U.S. government will bring a bull market to the cryptocurrency sector.

From on-chain data, yesterday Binance saw outflows of more than 10,000 BTC,

indicating that large funds are still accumulating,

and the stablecoins on exchanges have not decreased, indicating that funds have not withdrawn yet.

This week BTC is expected to break the 100,000 mark, let's witness history together

Don't be afraid when you see a correction

Understanding the big trend and knowing the certainty will prevent panic.