Bitcoin price analysis on November 29

Bitcoin price analysis on November 29
BTC prices have risen 100% since November 13th after the price peaked at 7800 on November 8th and adjusted to 5400
Bitcoin price increases can be explained in terms of:

1. 2x Segment and Bitcoin Gold: The economics of bitcoin in economics is that when a currency is diluted, its value decreases, but bitcoin increases because when btc is added you get BTG. Lessons from the Executive Board. The demand for BTG increased btc prices.
2. The US government agrees to make derivative trading on the CME's largest derivative market. Makes expectations of the purchasing power of this market. has pushed up the demand for bietcoin as high as evidence that the number of accounts on the US coinbase continued to increase. The only two leading bitcoin exchange markets in the world are Korea and Japan, respectively.
3. Where is the geopolitical influence in North Korea?
   In my opinion, these 3 factors are the main factor driving up the price of BTC.
   Comment: A coin, an asset that is proven to be valuable when calculating application conversions and takes time to verify the value of a lease equals its price,
   Current segwit problems do not solve the problem of bitcoin technology.
   95% of current bitcoin is bought for speculation. not included in the life of CNBC also have video reports to how to consume bitcoin in everyday life and you know 98% of respondents in the reporters do not know about bitcoin and 99% of the store in the reporter accept bitcoin?
   CME is the world's largest derivative market does not mean that demand for bitcoin will be high. It only has a bitcoin trading volume. The current financial leverage in the current bancassure is 43% of the buy-side and short-sell on CME. The btc price is not a real value relative to the value of bitcoin. You know what I mean? People can also sell the bitcoin on CME, not just buy it.
   Technical analysis: All technical analysis in the market is worthless today because the market is running in expectation and psychology. We can only charge a price that can peak in the range of 11,183-12,000 after the peak price can be adjusted to 8967-7618.
   In a market there are three stages:
4. Smart Investors (fish sharks, dolphins) realize that prices are too cheap to decide on market orders.
5. public stage: when anchovy is influenced by crowd psychology
6. latches.
   How do you think the market is?
   Link: careful with End of the year
   You know what I say?