【Analysis of BTC on November 20】

Although Bitcoin is still an alternative asset, it is constantly recognized by mainstream economies. This time, when Trump came to power, Bitcoin was quickly repriced as a Republican asset. It took almost a week to complete the trend of the past few months. With the support of bigwigs such as Trump and Musk in the United States for crypto assets, Bitcoin's financial status is constantly improving. The future benchmark is XAU! Can this round of market value match or even surpass Nvidia? I think there is a chance (purely personal expectation and judgment) #BTC何时突破10万？

Currently, Bitcoin is fluctuating in the 4h level range. The previous article mentioned that around 8.8 is the 4h level long-short watershed. At present, pay attention to the 4h level long-short watershed around 918. The market does not fall below this position and cannot be bearish. #BTC☀

The idea of ​​reducing positions in the last article remains unchanged. There is still room for upward movement. At this stage, judging from the on-chain data, large institutions are still holding positions, and many of the chips are still the chips before and after the election. Now there is no need to escape the top of Bitcoin with full positions. I remain optimistic about the future market. As a retail investor, I am also a retail investor. The only thing we can do is risk control. The strategy of continuing to reduce positions when the market goes up remains unchanged. Don't expect to sell all positions at the highest point. Risks come with rising prices. Just reduce positions appropriately. In the bull market cycle, withdraw money in batches instead of investing money. This is a respect for the market. #BTC走势预测

Bitcoin spot short positions want to build short-term positions. Some positions want to increase positions, so please be patient and continue to wait. At least it will be around 8.7~8.5 of the 10,000-point correction before considering not taking risks! #BTC☀️