Market Opinion
The new lowest point of the pullback may be around 89,000.
I hope everyone received our reminders from yesterday’s and the day before’s analysis that a pullback was expected.
Bitcoin hit a low of 90,800 last night, which is 200 points away from our anticipated level of 90,600. There has been a slight rebound, but the highest point still hasn’t broken through 93,000.
I believe that a 1H breakout above 93,000 would confirm the end of the pullback, meaning it won’t go to a lower level.
If 93,000 is not broken, it’s possible that an even lower low will be reached.
The lower low is e

Reference for the trend after ending QT and starting QE in 2019
If repeated, the earliest bottom for this cycle would be at the end of March

Today, the rumor online is that the rise in Bitcoin is because Vanguard's asset management can buy Bitcoin now, so many accounts under Vanguard are buying Bitcoin, which has driven the price up. After looking around, it seems this might be the explanation.

Regarding whether QT will immediately rise after it ends.
In simple terms, the answer is no.
Unless there is a rapid QE after a financial crisis, the time required for a shift may take 6 months.

sol - Still expecting the daily chart level to reach the range of 175-200.
Overall bullish before FOMC
The short-term pullback is within expectations, with BTC support at 88 or 85.

The U.S. stock market doesn't trade on Thanksgiving, and the market's Liquidity is comparable to the weekend.