Daily & Weekly Levels to Watch
Bitcoin continues its pullback today, but the broader trend remains within a clear channel. As volatility picks up, traders around the world are watching how BTC reacts to a small set of meaningful price levels—levels that have consistently guided the market over the past several weeks.
This report focuses on the most important ranges and zones for both the short- and medium-term outlook.
🔹 Yesterday’s Market (Nov 18)
• Open: $92,141
• High: $93,785
• Low: $89,289
• Close: $92,946
BTC spent most of the day in a tight compression zone before dipping back toward support.
🔹 Today’s Expected Range (Nov 19)
My daily model projects a broad window as volatility increases:
• Expected Low: $88,585
• Expected High: $97,266
This places price right in the middle of a short-term retracement, with both upside and downside space available.
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🔹 Weekly Rolling Forecast
The higher time-frame continues to show a wide channel:
• Expected Low: $78,139
• Expected High: $107,712
As long as BTC stays inside this range, the overall structure remains intact.
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🔹 Key Price Levels to Watch
1. $89,000 – Current Pivot Zone
This level is doing most of the heavy lifting.
A clean bounce here keeps the trend constructive.
A breakdown opens the door to lower supports.
2. $96,000 – $103,000 — Resistance Cluster
This zone stopped the last move higher and remains the first wall for any recovery attempt.
Multiple time-frames align here, making it the “battle line” for bulls.
3. $78,000 – $79,000 — Deep Support
If selling accelerates or volatility spikes, this is the most likely destination.
Both daily and weekly models converge here, creating a major higher-time-frame support area.
4. $107,000 — Upper Weekly Boundary
This is the long-term upside target if Bitcoin stabilizes and turns higher.
Breaking and holding above this would shift momentum sharply bullish.
🔹 Trend Context
Despite the pullback, Bitcoin is still trading inside a healthy weekly structure.
The near-term momentum is weak, but so far the price action looks like a retracement, not a breakdown.
The next major decision point is simple:
Does BTC hold above the $88K–$89K zone or not?
Holding it → recovery toward $96K–$103K.
Losing it → eyes shift to $82K, then $78K–$79K.
🔹 Conclusion
Bitcoin remains in a wide, flexible trading channel with meaningful support below and resistance overhead. The key levels continue to guide each move, and until price breaks out of these ranges, the current macro structure remains intact.
Today’s focus: Watch the $88–89K pivot.
How price reacts here will shape the next leg.
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