Thoughts on the night trend of Bitcoin on November 14.
The rise in the past two weeks looks too scary, and the weekly rise is basically above 10,000 points. I vaguely remember that at the end of last month and the beginning of this week, the daily line of Bitcoin was still going down with consecutive negative lines. As a result, it reversed directly at the beginning of the election on the 5th, and the daily line went up with consecutive positive lines. It was basically a daily K10 consecutive positive line. The only negative line in the middle was a cross negative line. Yesterday, on November 13, the price of Bitcoin once again set a new high and reached above 93,000. Thinking back to half a month ago, the price of Bitcoin was still 67,000, and now it has risen to above 90,000. You can imagine how fast a coin wants to rise.
Two days ago, I was still saying that Bitcoin should go to the bottom at the 88,800 position, and the target is 90,400, and 92,600 are all reached now.
The current desire for the daily line to rise is still relatively strong. The long volume of the MACD energy column is getting stronger and stronger, and it is going higher and higher, so it is basically impossible to make Bitcoin fall in a short period of time. The KDJ three lines have been shrinking since the 10th, and they are still shrinking today. The price of the currency has not fallen but has repeatedly set new highs. Under this situation, only when the KDJ three lines form a dead cross can the price of Bitcoin have a chance to retreat.
Let's look at the trend of the 4-hour market. Since the election on the 5th, the 4-hour K line has been moving in the middle and upper track of the Bollinger band, and it is still moving in the middle and upper track of the Bollinger band today. In this situation, it is difficult to make the price of the currency fall. The 4-hour MACD energy column, although it has begun to shrink, and even revealed a short energy column, it still cannot stop Bitcoin's determination to rush up.
The direction of Bitcoin is still long at night, and it will enter the market near 90200. However, it is already night, and the volatility will also increase. If you are more aggressive, you can enter the market with a light position at the current price of 91000 and make up at 90200. The target is 92800 or 93600. 92800 is a new high. 93600 is a new high. If it does not break the new high, sell at 92800. If it breaks 93600, reduce the position and continue to look up. $BTC #新币挖矿&盘前交易USUAL #新币挖矿你参加了吗? #超级MEME周期? #BTC冲破9万 #美国CPI公布后降息预期上升