Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

$BTC 11.10 Bitcoin Price Today: Bitcoin has broken through a key zone, and this breakout is very significant, indicating that the trend is confirmed. Next, if there is a slight pullback, such as returning to around 104,000 to 103,000, it can still be a good opportunity to go long. Place the stop loss at 102,000, which is very reasonable from a structural perspective. As long as the trend line is not broken, maintain a bullish outlook. Over time, the stop loss can be moved upward.



From the high of 126,272, it was a complete three-wave decline. The subsequent rebound formed a typical 5-3-5 structure (double zigzag). Therefore, the current rally started near the low point formed last weekend. It is now a small wave 1 up, with the weekend pullback corresponding to small wave 2, and we are currently in the main upward phase of small wave 3.

In summary, we are in wave 3. If there is a small pullback, it presents an opportunity to enter long positions.
BTC-3%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)