Thursday morning, analysis and trading suggestions for Bitcoin!

Trump's presidency has brought favorable news, and today the three major U.S. stock indices opened higher, with the S&P 500 and Dow Jones jumping directly at the opening. This indicates that U.S. stock investors have received positive signals with Trump's inauguration, which has also driven Bitcoin to continue rising!

After stabilizing above 75,000 in the early morning, Bitcoin welcomed a surge from the bulls again, with the price reaching a new high at the 76,420 line before facing pressure and starting to retreat. It is currently oscillating around 75,000. The daily candlestick closed strong with a full-bodied bullish candle, and the strength remains unchanged, continually setting new highs.

Old Xue believes that the announcement of the election results is not a peak in the current phase. Historically, favorable outcomes from elections usually last for three months. With a daily upward trend, I am optimistic that Bitcoin will reach 77,000-78,000, and if it breaks through, we will look at 80,000!

Therefore, in this strong bullish market, the slow rise during the squeeze phase remains strong, and the absence of a significant high-volume pullback pattern makes it difficult to call for a stop in the rise. The daily chart shows a wave of highs followed by consecutive bullish candles, indicating strong short-term performance, and this week will likely continue to make new highs. Maintaining a strong and slow rise suggests we should continue to look for bullish opportunities.

Morning BTC short-term operation: Buy on a pullback in the 74,500-75,000 area, with targets looking at 77,000-78,000.

The state is very good, the winning streak continues, and if you can't accurately gauge bullish or bearish, stick to the strategy and walk alongside! Let's create brilliance again! #BTC创历史新高 #11月市场预测 #美联储利率决议来袭