Bitcoin Daily Analysis – November 20 | Two Clear Scenario

Hey everyone! Hope you're having an amazing and profitable day! 🌟
Today is Thursday, 20 November, and as always, here’s your fresh Bitcoin analysis.

The Fear & Greed Index is at 15 — which means the market is deep in extreme fear. 😨
And as we know… extreme fear often creates big opportunities.

🔍 A Very Important Note Before We Begin

This latest rejection from the $88K level happened while Bitcoin dominance was rising —
meaning BTC led the move upward, not altcoins.
This detail matters a lot for today’s scenarios.

Now let’s break everything down 👇

🟥 Scenario A — Bullish Structure Building (Risky but High Potential)

Looking at the 4H timeframe, yesterday’s rejection was actually stronger than the previous one.
But here’s the interesting part:

The sellers’ attack was weaker
→ smaller candles
→ lower volume

The bullish engulfing candle we formed afterward was stronger AND higher volume than the last one.

So… is this enough to go LONG immediately?
👉 No. It’s not.

Because on the daily timeframe, sellers still have control,
and I need buyers to prove their strength one more time before entering.

✔️ What I need to see:

If Bitcoin creates a 1-hour higher low,
and then breaks the previous rejection high,
I will open a long position, even though it’s a bit risky.

Why?
Because this level has huge potential if buyers step in.

If we get that setup, I expect a reaction at higher resistance levels —
but I will try to hold the position as long as buyers stay in control.

❓ What if price pumps without building a clean structure?

No problem.
I already have a long position on ASTER,
and if another altcoin inside my strategy gives me an entry setup,
I’ll take that instead.

Still, I prefer to take one controlled long here,
even if I get stopped out — that’s part of the plan.

🟦 Scenario B — The Market Goes Sideways & Ranges

If Bitcoin decides to range in this area until the end of the week,
then two things are very likely to happen:

$90,500 will get tested

$93,500 will also get tested

And whichever level breaks after the range
will give us an excellent entry — long or short.

💥 What if a sharp drop happens?

If Bitcoin dumps sharply from here,
I won’t open any short on BTC itself.

Instead, I’ll look to short altcoins,
because they fall harder and faster than Bitcoin during panic.

And of course, I’ll keep risk small and stops even smaller.

🧠 Overall Market Approach

Right now, the market isn’t in a condition where I want to take big risks.
And that’s exactly what I recommend to you as well:

👉 Avoid emotional trades
👉 Respect your risk management
👉 Focus on survival, not perfection

Opportunities always come —
but only traders who stay in the market long enough can catch them.

Thank you so much for reading today’s analysis! 🙏
Wishing you a day full of profits, clarity, and blessings! 💛✨
Stay disciplined, stay patient, and stay sharp.

Good luck, traders! 🚀📊