On November 28th, Lao Mou BTC analysis:



BTC bottomed out around 90700 in early trading yesterday, rebounded after touching bottom, and even broke through the previous oscillation pressure around 95200 to hit the 97200 mark at midnight, with a strong rebound of 6500 points. Lao Mou also grasped 2000 points in the real market, and congratulates everyone for getting on board with the real market coins here.

From the perspective of market data, the BTC daily candlestick is still above the middle track, testing the resistance at 90,000 without breaking through. There is a rebound at the bottom. The one-hour and four-hour levels are oscillating around the middle track, with significant room for both up and down movements, showing an obvious game of control and speculation.

In the technical indicator, the BOLL moving average shows a clear narrowing trend, the KDJ three lines are sticking together, and after the Long Wick Candle up and down, it returns to the oscillation range. It can be seen that there is a conversion from volume contraction to time contraction, and the market can continue to follow the support below and enter the low contraction as the main and the high contraction as the auxiliary.

BTC operation suggestion: Watch for a pullback at high, consider entering the 93000-93500 range on the pullback, and target around 96500. #BTC
BTC-0.19%
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