$BTC Bitcoin Analysis Today!
Today is Wednesday
Daily Time November 13 High
November 19 - 20 Low
November 25 High
After reaching a new high, a pullback occurred. Here, Bitcoin will gradually rise in a bearish manner. The price needs to pay attention to 97000 - 98000, which will likely present itself in an accelerated form. The main focus should be on which arrives first, time or price, with the high on November 25 allowed to appear earlier. Additionally, caution is advised when placing left-side orders here; it is best to wait for right-side opportunities. Although the target based on 49000 is 98000, considering market sentiment and liquidity factors, a spike in price could occur, making 100600 - 101300 possible, so caution is needed to avoid excessive left-side operations.
Verify the behavior of the main force from previous text:
Yesterday, it was mentioned that there would be speculation on creating new highs, and indeed a historical high was reached.
The previous text mentioned that there would be news of a long speculation event before four o'clock in the morning, and later around three o'clock, it was mentioned that the news had appeared, and a reminder was given to be aware of a potential pullback. After that, three o'clock became the highest point.
The previous text mentioned that a high point would appear after 11 o'clock in the morning, and currently, 11 o'clock is indeed the low point.
Future (subsequent):
The previous text mentioned that after 1 PM, the main long speculation would mainly aim to construct a high point, but so far, no action has been taken.
Therefore, while there is still no end in sight, during this period before reaching 8 PM, sellers on the long side may sell and turn over. After 8 PM, the main long speculation will come again.
(The trend of Bitcoin is deduced through Gann Theory and has a very high accuracy but is not 100% certain.)
Personal Situation:
It has been a while since I last operated Bitcoin. I placed long orders for Bitcoin near 92000, and also laid out long orders for Dogecoin.
I did not sell at the highest point, and Dogecoin was stopped out at break-even, while Bitcoin made a profit and exited.
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