High
Bitcoin has shown a significant pre-thanksgiving rally reclaiming $90,000, but faces strong resistance at $91,000-$93,000 and critical levels at $100,000-$105,000. failure to reclaim these levels could lead to a breakdown below $80,000.
High
The analysis is supported by multiple reputable analysts (charles edwards, crypto daan trades, jelle, terence michael) and on-chain data providers (glassnode, tradingview, cointelegraph markets pro), including historical performance data.
Neutral
While btc experienced a pre-thanksgiving rally, pushing to seven-day highs, it is currently testing strong resistance. historically, thanksgiving day has shown an average -0.8% return for btc. the market structure is described as 'fragile' by glassnode, suggesting limited inflows and fragile liquidity, making sustained upward movement challenging without reclaiming key support levels.