Coin Circle Li Ying: The dramatic rise of Bitcoin on November 28! What is the potential for Bitcoin to reach 100,000? Latest analysis
Article published on 2024.11.28—01:00
Current Bitcoin price is 95,750, how much did everyone earn from yesterday's real-time buy? Congratulations to the fans who kept up, let's review yesterday's strategy. The target from yesterday's strategy of over 91,000 was 95,000, with a profit-taking space of 4,000 points, further validating Li Ying's philosophy that going with the trend is always relevant in this market. Li Ying has always emphasized that as long as the large-scale trend remains unchanged, all pullbacks are entry points, and setting long positions at key support levels is less risky than shorting against the trend, and the returns will also be much more stable.
Looking at the current market, Li Ying is still analyzing from the price trend perspective. After a sharp decline on November 25, the current K-line pattern is gradually recovering and is currently in a rebound phase. The daily K-line shows a long lower shadow, indicating strong support below, suggesting that the bulls are dominant. This wave of the main force is clearly starting to liquidate shorts. In the technical indicator MACD on a 4-hour cycle, DIF and DEA are close to the zero axis, and the MACD histogram has turned positive, indicating a clear enhancement of bullish strength in the short term.
The current Relative Strength Index (RSI) is 54.3, located in the neutral zone, not entering the overbought or oversold range, indicating that the market does not have extreme emotions at the moment. The trend indicator EMA price has broken through EMA7 and EMA30, and is approaching EMA120. This bullish trend is already quite obvious, and Li Ying believes everyone can see it. Furthermore, with the increase in trading volume, especially during the upward movement, capital inflow is evident. Therefore, the main force has not given up on the goal of hitting 100,000. Our strategy remains consistently focused on low long positions as the main approach, with short positions as a supplement.
Today's Li Ying price prediction
Buy point 94,500, add long at 93,500, stop at 93,000, target 96,000
Sell point 97,000, add short at 98,000, stop at 98,500, target 94,500
The above is a brief analysis by Li Ying regarding the current market situation for investors' reference $BTC #比特币行情分析