Death Cross and $96K Rebound: Key insights for Bitcoin this week

Currently priced at 85,947 USD, Bitcoin is struggling to surpass a resistance level of 90,000 USD. There’s cautious optimism for a bounce back above 100,000 USD, especially after the latest price movements.

Recent trading trends show a shift in ownership from long-term investors to short-term speculators. This change indicates a potential evolution in market dynamics. Additionally, the approaching Thanksgiving week may bring important economic data that impacts market sentiment.

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