11.6 Wednesday Evening Bitcoin Market Analysis!
Due to the election, the intraday price has risen sharply, breaking new highs. In today's market, Bitcoin started from around 69500 in the morning and rose to around 75000 within a few hours. After reaching the high, the price began to fluctuate and adjust. The intraday bullish sentiment has been perfectly validated, and we have been continuously chasing the upside. Overall, Bitcoin gained more than 4600 points today, while Ethereum also gained over 180 points. The bullish sentiment is high, and we just need to seize the right timing to continue being bullish!
From the current market trend, it is highly likely that there won't be a significant pullback. The price is consolidating at high levels, and after wide fluctuations, it continues to rise step by step, which is already a very clear strong correction. Pullbacks to go long remain our first choice. With the strong recovery and continuous explosive growth of the bulls, the current market is beyond description in its enthusiasm. We are also witnessing the power of a true main trend unfolding, making it inevitable to continue to follow the trend. Therefore, just look to go long on pullbacks! $BTC $ETH #DOGE看涨情绪飙升 #BTC创历史新高 #山寨季将至?
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Bitcoin 73500-73000 long Target 75500
Ethereum 2630-2620 long Target 2700