BTC: November 24

BTC is lingering below a monthly level capping the price. Considering how the Total chart is shaping up and the liquidity that lies above the EQ highs, I lean towards a push into 40K - 42K. However, the only actionable scenario for me in that area will be a short, in case of a possible weakness in price. If a move below the monthly resistance is confirmed, after the run-up, I will most probably add to my short. The long scenario into 47K - 48K is something to be discussed later as there need to be prerequisites in place for the idea to be entertained.
Good luck!