Technical analysis by otantikripto about Symbol BTC: Buy recommendation (11/16/2021)

Hello friends..Everyone has an expectation of an exit in market dynamics. If it rises or rises according to expectations, everyone wins. This decline in Bitcoin seems to me to be done to a great extent to blow up the stops of margin transactions and to liquidate these transactions. For this reason, I think the main direction of the market is still up, as it was in the 30k decline. When we examine it technically, if a closing below 57.7k comes on Bitcoin's daily chart, we can see other levels, but this seems like a strong buying point. We have seen support from -2 sigma in the Bollinger band for now. There is still no problem in the medium and long term. I will share instant updates from my twitter account according to the closing.