The post Bitcoin (BTC) Price Analysis for November 26 appeared on BitcoinEthereumNews.com. Bulls are more powerful than bears today, according to CoinStats. Top coins by CoinStats BTC/USD The rate of Bitcoin (BTC) has gone up by 0.44% over the last 24 hours. Image by TradingView On the hourly chart, the price of BTC is closer to the support than to the resistance level. If the daily bar closes below $87,000, there is a high chance of seeing a test of the support by tomorrow. Image by TradingView A less clear picture can be seen on the longer time frame. The rate of the main crypto is far from key levels, which means none of the sides has enough strength to seize the initiative.  You Might Also Like In this case, ongoing sideways trading in the range of $86,000-$89,000 is the most likely scenario. Image by TradingView From the midterm point of view, the picture is similar. The volume has dropped, confirming the absence of buyers and sellers’ strength. In this regard, traders are unlikely to see increased volatility this month. Bitcoin is trading at $87,232 at press time. Source: https://u.today/bitcoin-btc-price-analysis-for-november-26The post Bitcoin (BTC) Price Analysis for November 26 appeared on BitcoinEthereumNews.com. Bulls are more powerful than bears today, according to CoinStats. Top coins by CoinStats BTC/USD The rate of Bitcoin (BTC) has gone up by 0.44% over the last 24 hours. Image by TradingView On the hourly chart, the price of BTC is closer to the support than to the resistance level. If the daily bar closes below $87,000, there is a high chance of seeing a test of the support by tomorrow. Image by TradingView A less clear picture can be seen on the longer time frame. The rate of the main crypto is far from key levels, which means none of the sides has enough strength to seize the initiative.  You Might Also Like In this case, ongoing sideways trading in the range of $86,000-$89,000 is the most likely scenario. Image by TradingView From the midterm point of view, the picture is similar. The volume has dropped, confirming the absence of buyers and sellers’ strength. In this regard, traders are unlikely to see increased volatility this month. Bitcoin is trading at $87,232 at press time. Source: https://u.today/bitcoin-btc-price-analysis-for-november-26