Analysis of Bitcoin (#BTC☀ ) market in the morning of November 15:
Yesterday, Bitcoin fluctuated sideways in the morning, and the price surged to $97,800 in the afternoon, then fell back to $86,600, and is now fluctuating around $88,000.
From the one-hour candlestick chart, the DIF and DEA in the MACD indicator are both below the zero axis, showing signs of weakening bullish momentum, indicating that the current price has entered the adjustment stage.
Operation suggestions:
In the short term, it is appropriate to consider going long at low levels, with support at $86,500 and pressure at around $90,000.
Short-term operation suggestions:
Go long in the range of 88,000 to 87,500, with the target at $89,000.
