BTC analysis on November 27:

- D1 frame: after hitting the 90x zone yesterday, I mentioned that we would need to look at the weekly candle. BTC is on the rise towards 93x. There are two immediate resistance levels at 94x and 96x. However, don't get your hopes up too much. When it reaches the 94-95 zone, there is a possibility to take some profits.

This price rebound is also an opportunity for altcoins to pump; in fact, ETH and SUI have already rebounded to their peak levels, and other coins are doing the same and may create new peaks. But I reiterate that when BTC hits 94-95, it's advisable to take some profits because according to the daily frame, BTC is entering a downtrend. This downtrend may last another 7-10 days.

- D4 frame: Today will conclude the D4 candle, and the current D4 candle is very bearish. It is a full candle indicating a reversal. Therefore, for BTC to rise again, it needs to push up to the 96-97 zone today and tomorrow (which is quite difficult) or must test the bottom of 89-90 before continuing to rise. If it breaks through the 89-90 zone, BTC could drop to the 85-86 level.

- W1 frame: BTC has hit a strong resistance zone according to the weekly frame at 89-90 and then rebounded. If it breaks the 89 zone, it will take several weeks for it to reach the peak again. This contradicts my previous analysis of BTC. I still believe BTC will rise very strongly during this period, especially in the coming month.

=> My analysis:

- Altcoin will follow BTC and increase quite strongly today and tomorrow until BTC reaches the 94-95 zone. Consider taking some profits tomorrow.

- There is a very high possibility that BTC will test the 89-90 zone for another round, so when it reaches this zone, you might want to accumulate again. If it breaks 89, then cut your losses and buy back when BTC reaches 85-86.

- I still believe BTC will increase in price, so the 89-90 zone, if tested again, will see a very quick rebound.

Please take note.