Li Ying in the Crypto Circle: The Dramatic Rise of Bitcoin on November 28! What is the Potential for Bitcoin to Hit $100,000? Latest Analysis
Article Published on 2024.11.28—01:00 AM
The current price of Bitcoin is $95,750. How much did everyone earn from yesterday's real-time buy signal? Congratulations to the followers who got in! Let's review yesterday's strategy: the target was $95,000 based on the idea from over $91,000, providing a profit-taking space of $4,000. This further validates Li Ying's philosophy that going with the trend is always relevant in this market. Li Ying has always emphasized that as long as the major trend remains unchanged, all pullbacks are entry points. It is less risky to position long at key support levels than to short against the trend, and the returns will be much more stable.
Looking at the current market, Li Ying is still analyzing from the price trend perspective. After a significant drop on November 25, the current candlestick pattern is gradually recovering and is now in a rebound phase. The daily candlestick shows a long lower shadow, indicating strong support below, suggesting that bullish forces are dominant. The main players are clearly starting to liquidate shorts in this wave. In the technical indicators, the MACD on the 4-hour cycle shows that the DIF and DEA are close to the zero axis, and the MACD histogram has turned from negative to positive, indicating a clear enhancement of bullish strength in the short term.
The current RSI value is 54.3, situated in the neutral zone, not entering the overbought or oversold territory, indicating that the market currently lacks extreme emotions. The trend indicator EMA has broken through EMA7 and EMA30 and is approaching EMA120. This bullish trend is already quite evident, and Li Ying believes everyone can see it. Additionally, the trading volume has increased, especially with noticeable capital inflow during the upward process, so the main players have not given up on the goal of hitting $100,000. Our strategy remains consistent: primarily long with a supplementary short position.
Today's Li Ying Price Prediction
Long entry at $94,500, add long at $93,500, stop at $93,000, target $96,000.
Short entry at $97,000, add short at $98,000, stop at $98,500, target $94,500.
The above is a brief analysis by Li Ying regarding the current market situation for investors' reference. Over the past ten years, Li Ying has continuously explored and experienced hundreds of different digital assets. Throughout this process, Li Ying has witnessed the brilliance of bull markets and the gloom of bear markets, accumulating countless valuable experiences and profound lessons along the way. As a female trader striving in this challenging field, Li Ying feels a responsibility to share her insights, hoping to help others with dreams find their place in this unpredictable market and embark on their own successful journey.
The content of this article is time-sensitive and for reference only; risks are borne by the reader.
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