Bitcoin Tests $90,000 Resistance as Long Liquidations Cluster at $88,500–$89,000

Bitcoin is testing the $90,000–$91,000 resistance zone on the 4-hour chart, with structural support at $86,000 and $84,000, Bitunix analysts said on Nov. 24. Liquidation heatmaps show concentrated long positions at $88,500–$89,000, with larger leverage stacks emerging at $90,800–$91,500 if the upper level breaks. The move comes as U.S. GDP remains robust while corporate hiring hits multi-year lows, creating uncertainty around Federal Reserve rate decisions.