Analyst: The indicators show that Bitcoin may experience a slight pullback in the next 10 days

Bitget news, crypto analyst Murphy tweeted, "Three-line convergence" indicator update: Here is the latest data chart as of November 14th: According to the indicators shown: 1. The red line is currently close to a short-term high point. If it goes higher, there will be a "deviation". Based on past experience, the larger the deviation, the greater the pullback.
2. At the same time, it was observed that in the next 10 days there might be a small pullback. The current red line is at 2.52 and roughly around 2.35 for pullbacks which corresponds to BTC's current price of about $82,000 (this estimated price will increase over time).
3. After this period of time, it will return to an upward trend around mid-December but whether or not it can significantly exceed previous values based on current data remains unknown.
For me personally since my holding cost is low I would ignore these short-term fluctuations if your holding costs are high you need to make your own trading plan.
Note: The "three-line convergence" is somewhat mystical; sometimes accurate sometimes not only used for reference and not as investment advice!