📣 Bitcoin forms a deep "V" reversal, the market remains bullish, a target of 100,000 is not a dream! 📈
Yesterday, I already published an article indicating that Bitcoin's pullback was just to accommodate Ethereum's rebound. From the current trend, it exactly matches my prediction. The current trend is evident to all; Ethereum has once again hit new highs, while Bitcoin follows suit. Looking at the Fibonacci retracement line (as shown), the trend has already bottomed out, forming a deep "V" reversal. The market continues to look bullish for Bitcoin! Friends who have been following the Chief Strategist's layout in recent days have seen good profits on each trade. Today, you can continue to follow the operations for steady profits!
【Analysis of Bitcoin price trend from the four-hour chart】
K-line pattern:
Recently, the price has been fluctuating in the range of 96,000 to 97,000, forming a consolidation pattern. After a significant rise previously, it is currently consolidating at a high level, potentially facing pullback pressure in the short term.
Technical indicators:
MACD: Currently, both DIF and DEA are negative, but the MACD histogram is gradually shrinking, indicating that bearish strength is weakening, and a rebound is expected.
KDJ: The KDJ is currently turning upwards, above 50, preparing to break through to above 70, indicating strong bullish momentum in the short term with room for further increases!
RSI: The RSI is around 55, not entering the overbought or oversold zones, with market sentiment being neutral to slightly bullish.
EMA: The price is currently operating above EMA7 (95,222.6), with a short-term upward trend; however, it is approaching EMA30 (95,181.7), and we need to pay attention to whether it can effectively break through to confirm a stronger upward trend.
Morning Bitcoin steady short-term profit layout on 11/28:
It is recommended to enter long positions near 95,800-96,000 for Bitcoin, with a short-term target profit point at 96,800. If it breaks through 97,000, continue to hold! (Conservative traders can take partial profits, and the remaining portion can hold until 100,000)
If there is a pullback, it is suggested to add to positions near 95,100, with profit points: 96,500-96,800!
I hope more people can learn the ability to make money through me, see opportunities to earn, and truly achieve the desired profits! For free strategy guidance, click on the profile picture to follow the homepage introduction, let’s dance with the market together! #比特币盘整分析 #比特币关键区间 #美国GDP数据即将公布 #BTC☀ $BTC $ETH $SOL