11.16 BTC fell again, when can we go all-in to buy the bottom?
BTC was luring more last night, and today I guess many people are confused by the decline. BTC has not fallen yet. It will fall to 82,000-85,000 in 2-4 days, or narrow it to 84,000-85,000, which may be the target of this round of decline. Don't chase high and go long at this position of BTC. It may be lured to rush more tonight and then fall sharply. After the fall, it will continue to rise sharply. This rhythm needs to be grasped. After all, I think it has risen too much in a short period of time. It may fluctuate for a few days before continuing to rise next week. Now it is almost the weekend.
These two days may be the low point of this round of decline. After BTC's correction and consolidation, a new round of rise will start. The next target is 100,000!
But I think this wave of rise is indeed a bit too fast. It is only 90,000 in mid-November. It may be 100,000 by the end of the month. How much will it go in December? I think it won't be that fast. The consolidation in the middle may last a little longer. This is a good opportunity for everyone to cover their positions. Everyone should cherish it.
I think the craziest increase will occur in the two weeks before Trump's inauguration on January 20. At that time, Bitcoin is expected to reach 100,000-120,000 US dollars. It will be about a month. Let's wait and see! If the recent market operation is not ideal, please consult btc0796 and find me to discuss the market together.
Bitcoin rebound: 90000-90800 short, target 87500-85000, defense 91500
Ether rebound: 3090-3130 short, target 3000-2900, defense 3160
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