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$BTC 11.13 Bitcoin price today: Last night, Bitcoin hit a low of 100,812. I still recommend continuing to buy on dips at this level. Yesterday morning, at above 102,900, we suggested long positions. After reaching that level last night, I didn't take profit and was stopped out for protection. Now that the price has fallen to a lower level, it presents a better opportunity.



From the overall structure, starting at the 99,192 level, Bitcoin is in an upward trend structure. Currently, this decline is just an expanded three-wave correction, which is a normal pullback in an uptrend. The current position is within a three-three wave pattern. Although the retracement is deeper than expected, the trend remains unchanged and is still bullish. It is expected that this will develop into a five-wave upward move, leaving plenty of room for the market to grow.

In summary, the medium-term structure continues to look for a 5-5 wave upward trend. Continue to re-enter medium-term long positions, with a stop loss at 99,200 for Bitcoin and 3,250 for Ethereum.
BTC-0.9%
ETH-0.76%
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PTDpro28vip
· 11-13 01:08
The US House of Representatives has passed a bill to reopen the government TT Trump is ready to sign this bill this morning to officially end the government shutdown.
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