2024-11-23 BTC Market Analysis

Yesterday, the overall strategy was centered around a wave of increase in BTC from early morning to daytime, followed by an evening pullback, resulting in two long positions and one short position. The three trades cumulatively captured 4600 points in BTC and 192 points in ETH, yielding a profit of 119,000 dollars.

BTC attempted to break the 100,000 mark again in the early morning but failed, leading to a slight price decline. Currently, it is still consolidating at a high level above 98,000.

From the 4-hour perspective, if the price cannot break below 95,000, the upward trend will remain intact. It is highly likely that the next upward movement, once it breaks the 100,000 barrier, will not stay for long and may reach around 103,000 in one go.

Boisheng believes that the ultimate target for this upward movement is 112,000.

Short-term

Currently, BTC is undergoing a small pullback on the 15-minute chart. If it loses the 98,000 level, the price will likely re-test the 96,000-97,000 range shortly after. If it can hold above 98,000, the next 15-minute chart will start to turn upwards and again challenge the 100,000 mark. $BTC #BTC创历史最大月度涨幅 #ETH市场新动向 #比特币突破10万？ #谁将成美SEC新主席？ #BTC走势分析

Direction: Long

Buy Point 1: Current Price

Buy Point 2: Around 96,700