UPDATE BTC PLAN ON 11/8

In response to the interest rate news last night, BTC has once again reached a new peak around 76,900, creating excitement for investors.

However, currently, both H1 and H4 timeframes have shown divergence signals, forecasting that BTC will have a correction towards around 74,500, and further down to 71,900 by the end of this weekend.

Therefore, MGS trading advises you to limit FOMO at this moment, manage risks with existing positions, and protect your account.

Wishing everyone a happy weekend.