11.21 BTC surged as expected and broke new highs. How should we respond in the future?

CN
12 days ago

Today's BTC Perspective Explanation:

  • On the 19th, we analyzed and provided a long position strategy for Bitcoin, successfully reaching the target and gaining over 2000 points. Congratulations to those who followed along; follow the trend and trade with the trend!

  • After experiencing high-level fluctuations, Bitcoin has broken upwards as expected, reaching a new high near 95000. In previous analyses, we mentioned the ongoing high-level fluctuations, with the lows continuously rising and the highs also moving up, making a breakout imminent.

  • Today's strategy: after breaking the high, according to the previous price calculation method for new highs, the probability of a pullback confirming support and then moving up again is very high. It is expected that there won't be too much breakthrough during the day session; we still need to watch the rhythm after the US market opens.

  • During the day, we continue to look for a breakthrough to a new high for Bitcoin.

  • The current price of Bitcoin is around 94300-94200; let's take a long position first, targeting the 95300-96000 range.

  • If there are good short opportunities above, wait for the market to change before giving reminders. Everyone, remember to pay attention!!

  • For more free real-time investment strategies, trading techniques, operational skills, and knowledge about candlesticks, you can scan the code to follow (WeChat public account: Trend Thought Notes).

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