11/15 Bitcoin market analysis and operation suggestions
From the daily line, Bitcoin fell back after being overbought the day before, and the price is currently running below the upper track. The KDJ indicator crossed at a high level and diverged downward, showing signs of retracement. However, the overall trend is still biased upward.
From the four-hour level, the Bollinger Bands are narrowing, and the price has come below the middle track. At the same time, the short-selling force continues to be released. Based on this situation, I personally think that you can wait for the price to retrace before entering the market to go long.
For Bitcoin, it is recommended to go long when the price retreats to the range of 86900 - 87500, with a target price of 90000.
The market changes rapidly, and the above personal suggestions are for reference only.
For the dry goods in the currency circle, click on the homepage to follow me, the deployment of the bull market 100 times potential currency, and the daily spot strategy!
