Coin Circle Li Ying: A Bullish Feast at 100,000 Bitcoin on November 23! Every Pullback is an Opportunity! Latest Market Analysis

Article Published on 2024.11.23—01:15

Current Bitcoin Price is 99,140, how much have you profited from the continued bullish approach? Before Li Ying's report, it was over 97,500, and took profits at 99,000, waiting for a pullback to continue trading in the same direction, as long as you follow the trend and act accordingly, you can maintain a high win rate like Li Ying and let profits run. Do not doubt the determination of Bitcoin breaking the 100,000 level, nor guess; we are just following the trend.

From Li Ying's price trend analysis, it can be seen that the current K-line pattern still shows a clear upward trend, especially with significant upward movement in the last two days. In the 4-hour cycle, there have been multiple long lower shadows, indicating strong buying support. The bullish main force has been increasing, and funds have been flowing in continuously. The technical indicator MACD in the 4-hour cycle remains above the zero line, with both DIF and DEA diverging upwards, indicating that the current market is in a bullish trend, which Li Ying believes is beyond doubt; this has always been the trend.

The Relative Strength Index (RSI) value is close to 70 but has not entered the overbought zone, indicating that upward momentum still exists but caution is needed for pullback risks. Since there is a risk of a pullback, that is our opportunity. After the pullback, we will continue to enter the market. The trend indicators EMA prices are currently above EMA7, EMA30, and EMA120, with short-term, medium-term, and long-term moving averages showing a bullish arrangement. Li Ying supports a continued bullish outlook, with overall trading volume maintaining a high level, indicating high market activity. The strategy remains unchanged, still focusing on following the trend and primarily taking long positions with short positions as a supplement.

Today's Li Ying Point Forecast

Long Entry Point 98,000, add long at 97,000, stop at 96,500, target 100,000

Short Entry Point 100,000, add short at 101,500, stop at 102,000, target 98,000

The above is a brief analysis by Li Ying regarding the current market conditions for investors' reference $BTC #比特币行情走势分析