Good morning everyone ^^ It seems that BTC is approaching the 90k mark again, looking at this chart everyone will know that we are lucky in the team holding cash waiting to buy the dip :)) When BTC >100k, I mentioned 8x on the live and got a lot of backlash, now that it’s back to 9x, many people are calling for 5x-7x, which reflects the crowd mentality :)) 👉 Analysis: BTC will drop to 90k then bounce back to 86k, ETH will drop to 2800 then bounce back to 2600, this will be a very nice liquidation zone this week. 👉 Trading Plan: Not much Long Short. Hold cash and wait to buy spot. When BTC <90k and ETH <2800 It’s possible that after November 20, the market will have a recovery phase + signs of bottoming out with a pump. Everyone turn on notifications to go shopping. $ETH $BTC
Good morning everyone ^^ It seems that BTC is approaching the 90k mark again, looking at this chart everyone will know that we are lucky in the team holding cash waiting to buy the dip :)) When BTC >100k, I mentioned 8x on the live and got a lot of backlash, now that it’s back to 9x, many people are calling for 5x-7x, which reflects the crowd mentality :)) 👉 Analysis: BTC will drop to 90k then bounce back to 86k, ETH will drop to 2800 then bounce back to 2600, this will be a very nice liquidation zone this week. 👉 Trading Plan: Not much Long Short. Hold cash and wait to buy spot. When BTC <90k and ETH <2800 It’s possible that after November 20, the market will have a recovery phase + signs of bottoming out with a pump. Everyone turn on notifications to go shopping. $ETH $BTC
This weak border area is still supported by a fairly strong green cloud at 93000 $BTC has tested 92,900 at fu. With the prediction for November, it can be said to reach 100%
And now there is hope for a reversal of 4 weeks of green candles extending into December.
This hope still has nothing to guarantee it. With the prevailing fear mentality dominating the entire market.
On November 19, the FOMC meeting minutes will be released. Hope arises from information in this meeting. As the admin has said, the Fed's hawkish stance will cause the market to collapse. As for the decision to cut sharply by 0.5%, there is a chance the market could return to 102,xxx
For those who follow, please pay attention to the area: 91,400-91,500 In 24-48 hours, we may have to pump armor below 82,000 in the main protection area.