Bitcoin price can hit $100K by Thanksgiving if bulls hold key level

Bitcoin is consolidating after new all-time highs, but bulls cannot afford to lose track of too many potential support levels, says BTC price analysis.

Bitcoin (BTC) circled key local lows on Nov. 15 as bulls swapped all-time highs for support retests.

BTC/USD 1-hour chart. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed a BTC price dip below $87,000 into the daily close.

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