11.20$BTC Market Analysis! Is Bitcoin going crazy? Where is worth entering?

From the current market perspective, the more favorable aspect is that the market has reached the support area and is slowly transitioning from a downtrend to a sideways trend, so everyone doesn't need to be overly pessimistic! Often, market fluctuations at the stage bottom can be quite large, then slowly transition to sideways adjustments!

Currently, it is still under the pressure of the trendline, so I think the support area below is a range worth planning for. Both spot and futures contracts are worth speculating on. Set stop losses of about 1000 to 2000 points to aim for a larger rebound! It can be said that when the risk-reward ratio is greater than 1:1, take the first profit and then ensure the principal!

The marked positions during the session can serve as your take-profit points, pushing step by step upward, and the weekend is approaching quickly!

Therefore, the probability of the market consolidating will be greater, and you can also wait for the market to move a bit more. Don't be afraid of missing opportunities; this market has chances every day!

Today's analysis ends here!

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