$BTC formed an inside-day candlestick pattern on Nov. 14 and again on Nov. 15, indicating indecision between the bulls and the bears.

The upsloping moving averages and the relative strength index (RSI) in the overbought territory signal advantage to buyers. A break and close above $93,265 could start the next leg of the uptrend to the crucial level of $100,000. The bears will try to halt the up move at $100,000, but the rally could extend to $113,331 if the bulls prevail.

Contrarily, if the price turns down and breaks below $85,000, the BTC/USDT pair may witness sharp selling. That could sink the pair to the 20-day exponential moving average ($78,496).

Source : Cointelegraph