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Silk Road on the afternoon of 11.21
From the 4-hour level of Bitcoin, the recent trend shows strong momentum, with the middle band of the Bollinger Bands continuously pressing down. The rebound strength is weak. From last week to this week, the overall trend has shown a decline, without providing the desired bottoming position for everyone. Since last night, the price has been continuously probing lower, and the 86000 mark was also broken this morning. It seems that the support at the 85000 level is starting to weaken. Currently, the volume of Bitcoin is not continuously decreasing, and in the short term, it is mainly focused on rebounding to catch the falling price. If the key pressure level above is effectively broken, then it may shift to a Silk Road.
Operation Suggestions
Bitcoin: Around 86300-86500, target near 85000.
Two pancakes: around 2830-2850, target around 2700