On Friday, the price of Bitcoin failed to reach 90,000 again. Bitcoin fell more than 2% in the past 24 hours, falling to around 86,600, and is currently consolidating and fluctuating around 87,200.

From a 1-hour perspective, the price trend of Bitcoin is currently dominated by shorts. On November 13, Bitcoin rose to around 93,000, setting a record high.

Since then, the rebound high of Bitcoin prices has continued to decline, and the rebound in the middle immediately attracted a short-selling big negative line to stop the decline. So in terms of operation, try to catch the high point short as the main, and find the low point long as the auxiliary!

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