November 26 BTC Market Analysis: $BTC

Last Week Review:

Last week we mentioned that BTC surged again, and in the coming days we need to pay attention to whether BTC can stabilize at 100,000 USD/coin. If it can stabilize at 100,000 USD/coin, we will continue to be bullish after a period of consolidation. In the short term, it is not recommended to chase the price today; be cautious of a potential drop before breaking through 100,000 USD.

From the weekend until now, BTC has been unable to break through the 100,000 USD resistance, showing a high-level pullback, and the overall trend aligns with our expectations. Currently, from a technical perspective, the adjustment is complete. After a short-term consolidation, we will continue to be bullish, and the next step will be to break through the 100,000 USD threshold. In terms of operations, the focus is on buying on dips.

Upper resistance level: Around 100,000 USD

Lower support level: Around 90,000 USD