Analysis of the Bitcoin market on Friday afternoon on November 29!
Recently, we have been emphasizing long positions near 95,000, and the market is as we expected. Every time the price drops to around 950, there will be a rebound. In the morning, the price rebounded to around 96,900. The Duodan we arranged in advance also left the market perfectly. Bitcoin won more than 1,400 points of space. The current market is still quite good. If you can't grasp it well, you might as well try it boldly. One attempt may change the current situation!
The daily chart of Bitcoin shows a small Yinxian pattern. The market was relatively calm all day yesterday, and there was no large fluctuation. It is currently in a state of sideways consolidation at a high level. The forces of both long and short sides continue to play and pull each other here.
On the whole, the daily structure is still inclined to a bullish pattern. From the hourly level trend analysis, the price of Bitcoin has risen rapidly from the lower track of the Bollinger Band to the upper track of the Bollinger Band, and its trend shows a trend of continuous divergence.
Based on the above market analysis, you can consider going long when the price retreats during the noon period, that is, go long when the Bitcoin price is 95,500, and focus on the key point of 97,000 in the future. $BTC $ETH #币安BNSOL质押PYTH #山寨币走势展望 #BSC生态活力释放