Mr. Coin in the Crypto Circle: 11.12 Bitcoin (BTC) today's latest market analysis reference, including operational reference ideas.

CN
2 hours ago

Cryptocurrency trading is a long-term plan, not something that can be achieved overnight, so one should not be too hasty. Even if there are losses in the short term, there is nothing to fear. As long as the subsequent direction is chosen correctly, what has been lost will eventually return. However, it is important to grasp the timing of trades and the current market trends to improve the win rate. At the same time, investing is also a process of growth. Mr. Coin advises all cryptocurrency friends to learn while trading, summarizing both gains and losses in a timely manner, deepening the understanding of risks, and planning the correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

11.18 Bitcoin Market Analysis Reference

Bitcoin's price has shown a rebound test during the day, probing the 96,000 area. Unfortunately, the price did not break through as expected. After multiple tests, bullish sentiment began to weaken, and the price retreated again. The short-term trend remains weak and volatile, with the daily gains being retraced, refreshing the previous low. The weak volatility pattern has not changed, so Mr. Coin suggests focusing on short positions during rebounds, with short positions around 95,000-96,000, and long positions cautiously focusing on the 90,000 to 91,000 area.

11.18 Bitcoin Short-term Trading Strategy Reference:

Short entry point 95,500-96,500 for short positions, with a stop loss at 99,500, target below 95,800.

Long entry point 90,000-90,800 for long positions, with a stop loss at 500, target above 92,300, and a stop loss at 87,000.

There may be delays in article posting, and strategy suggestions are for reference only. The market changes rapidly, and regardless of how accurate your market judgment is, always set stop-loss and take-profit levels to secure profits. For more real-time trading strategies and online technical learning, you can follow the mentor's public account (Mr. Coin Discusses Cryptocurrency) for access. The first ten daily followers can receive free strategies for getting out of positions.

For more real-time trades, you can follow the public account (Mr. Coin Discusses Cryptocurrency) for online market technical learning and getting out of positions. I have researched the market for many years, studying the major trends in the cryptocurrency space, and have studied in the U.S. multiple times, mainly analyzing and guiding BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other cryptocurrencies. For those who are unsure about trading, you are welcome to study and learn together.

Exclusive opinions, there may be delays in article posting, and risks are to be borne by yourself. Manage your positions reasonably, and do not operate with heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, moving forward together. In the depths of time, hold onto understanding. In investing, one must learn to be optimistic. Do not let your future self dislike your present self. We live authentically, but not every data revelation needs to be taken too seriously. Let the past be the past, and let the future come quickly! Take good care of yourself, prepare well, and be ready to set off at any time. Let's go!

—— This article is written by Mr. Coin from the cryptocurrency community, no plagiarism, respect originality!

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