Song Yiqing's market analysis on November 16:
Yesterday, the big cake fell to around 87,000 in the evening. From the candlestick chart, it did not fall below the support near 86,000. Then it immediately fell back and broke through what I said yesterday. If it rises to 90,000, it will go long. It stood near 91,900 in the early morning. The bullish view also killed about 1,900 points 🎉
In fact, the trend has been trying to break through 95,000 in the past few days. At present, the data of the downward and upward confrontation between long and short positions are not proportional. The market has obviously been testing the 95,000 mark. The bulls are strong and a breakthrough is just around the corner. At present, we can still put it around 90,000.
Focus on today's market trend. It is currently in a volatile trend. Pay attention to whether this wave will go through a correction and the strength of the correction. I will share with you in detail the specific operations in the evening! $BTC