Bitcoin has started to rally since yesterday evening, and is trading in the light blue resistance zone. There is resistance between $89.3k and $90.2k. I think BTC is trying to flip $89.3k into support before trending up higher. For now I would monitor to see if $89.3k holds.

BTC has been trading around the light blue zone between $89.3k and $90.2k. BTC failed to find support and dropped below the blue zone, but a bullish rebound has formed. BTC is now holding above the $89.3k support level for a second attempt to flip this support level into support. I think BTC is trading in a sideways range for now, which gives ALTS some room to rally headed into Thanksgiving.

BTC starting to spike up higher and break out above the light blue zone. I have $91.9k as my resistance target to monitor on the way up.

BTC is continuing to show bullish momentum, these are my key levels to monitor:

• $92,000 resistance
• $100,000 psychological level (there would be selling below $100k)
• $108,000

For now I think $92k – $94k is realistic over the next few days. I’m likely to flip bearish sometime next week.

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