BTC | 11.21 Market Briefing

Nakamoto 2025-11-23 16:15 67638人围观 BTC

🚨 BTC daily alert: The key support level is near 72000, is it a crisis or a chance? Dear readers of "Qian Duoduo's Trading Diary", long time no see! After a short period of precipitation, we are back and will, as always, bring you the most timely and in-d

🚨 BTC daily alert: The key support level is near 72,000. Is it a crisis or an opportunity?

Dear readers of "Qian Duoduo's Trading Diary", long time no see! After a short period of precipitation, we are back and will, as always, bring you the most timely and in-depth market analysis.

Today, we go directly to the topic and focus on the daily trend of Bitcoin (BTC) that everyone is most concerned about.

Core point of view: focus on the black support line near 72,000!

Through the daily chart, we can clearly see that the current price is gradually approaching aCrucial support level - near 72,000。

This position does not come from nowhere. It has played a key role many times in historical trends. Therefore, the gains and losses here will have a profound impact on the future direction of BTC.

Market outlook operation strategy:

Big level entry signals: If the Bitcoin price can successfully drop to around 72,000, we need to pay close attention to the large-level key K-line patterns that appear at this position, such as bullish engulfing, hammer, morning star, etc. These signals will be the first signs of a bullish counterattack.
Small level form confirmation: When the price reaches the 72,000 area, we can also switch to a smaller time period (such as the 4-hour chart or the 1-hour chart) to look for more sophisticated entry patterns, such as double bottom, head and shoulders bottom, W bottom and other reversal structures. Combined with the confirmation of small-level patterns, it will help us capture the entry point more accurately.

Please remember: Trading is not about blind guessing, but about grasping probability and controlling risks. Waiting for clear entry signals at key positions is an essential quality for a prudent trader.

BTC 4-hour chart: Bears continue to exert force! The target is aimed at 72,000!

Dear readers, we continue to follow the latest trends of Bitcoin (BTC). After locking in key support on the daily chart, we now switch to the 4-hour chart to see short-term execution.

📊 BTCUSDT - 4-hour chart analysis

Please see the latest 4-hour chart:

From the 4-hour period, after the price fell below the convergence wedge and broke through the key support downwards, the short forces continued to control the situation and formed a clear downward trend.

Core strategy: continue to hold short orders and lock in the 72,000 target

As we showed earlier in the figuregreen line position(i.e. support and resistance swap position), the current strategy remains unchanged:

✅ Continue to hold short orders: Given that the current downward momentum remains strong and the price has not yet reached the key target at the daily level, we continue to hold the short position entered near the green line.
🎯 Target position: The final target is the one we highlighted in our daily chart analysis Key support near 72000。
⚠️ Trend monitoring and profit taking: While the goals are clear, the deal needs to be flexible. If the price drops to 72,000, there will be an obvious The downward momentum is exhausted, or a small-level reversal signal may appear. , we will decisively choose Stop profit in time , pocketing the profits safely.

Summarize:

Stay patient in front of trends and stay vigilant in front of goals. 72000 is the position we have been waiting for for a long time, but the way of getting there is more important than the result itself. We will continue to pay attention to changes at the 4-hour level to ensure maximum profits.

Risk warning: The above analysis is only a personal opinion and does not constitute any investment advice. The market is risky and investment needs to be cautious. Please think independently and make rational decisions.