Cryptocurrency Circle Liying: On November 15, Bitcoin's daily line closed in the red for consecutive days! The continuously lowering highs is a prelude to the end of the bear market? Latest market analysis and operational advice explained.

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Liying in the Crypto Circle: Latest Bitcoin Market Analysis on November 1

Article Published on 2025.11.15------00:45

The current price of Bitcoin is 96,900. Liying predicts that the price of BTC is approaching a key support level of 94,560 in its current downtrend, and it may test the strength of this support in the short term. Although the lower Bollinger Band and the RSI's oversold condition suggest a potential technical rebound, the presence of volume-price divergence significantly increases the risk of the support level being broken. Overall, the downward pressure in the market still dominates.

The daily chart shows a continuous downtrend with several days of closing in the red, and the highs are gradually decreasing. Currently, the 2-hour chart is near a short-term support level. The bearish strength in the MACD on the 2-hour chart shows signs of weakening. The overall trend in the EMA still leans bearish, and Liying continues to advocate for shorting on rallies, while being cautious about opening long positions for now.

Short-term Strategy Reference:

Long entry at 95,000, stop loss at 94,000, stop loss of 500 points, target 97,500

Short entry at 98,000, stop loss at 99,000, stop loss of 500 points, target 95,500

The above content is exclusively original by Liying. Please indicate the source when reprinting! There may be delays in article publication review, and market conditions change rapidly. The above suggestions are for reference only, and risks are borne by the reader. I hope Liying's insights will be helpful to you!

The content of the article is time-sensitive and for reference only; risks are borne by the reader.

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