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BTC market analysis for the evening of November 19
BTC has broken down with three consecutive bearish candles on the 4-hour chart, with the bears completely dominating the rhythm! The moving average system has formed a death cross, and the MACD continues to weaken below the zero axis. This wave is not an ordinary correction; it is a clear signal of concentrated capital exit.
Short-term rebound focuses on the range of 91900-92400, where short positions can be arranged, with the initial target near the 90000 mark, acting in accordance with the trend without being too greedy! $BTC