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.

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Bitcoin 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 Bitcoin (BTC) price dip below $87,000 into the daily close.

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