Analysis of Bitcoin Trading Ideas on November 29
Analyzing from the market situation, at the 4-hour level, Bitcoin showed a continuous upward trend in the morning.
However, its price trend is still within the established box trend range. Based on this, it is not expected that the price of Bitcoin will be able to achieve an upward breakthrough during the daytime trading session.
At present, the price of Bitcoin has climbed to the upper area of the box, so it is possible to consider placing short orders here.
The entry price of the short order can be set in the range of 97300-96800, and the expected profit target price is 95000.
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