"Bitcoin This Week: Understanding the Death Cross and the $96K Rebound"

Bitcoin Price Movement: Bitcoin is struggling to maintain its position below $90,000 after a significant sell-off, with traders hoping for a recovery above $100,000 despite facing a "death cross" signal on daily charts.

Market Sentiment and Speculation: The crypto market sentiment is showing signs of recovery, with speculators absorbing coins from long-term holders, while the Fear & Greed Index indicates a shift from extreme fear in traditional markets to a slight uptick in crypto sentiment.

Upcoming Economic Data: The Thanksgiving week is expected to bring a flurry of economic data, including the Producer Price Index and Personal Consumption Expenditures, which could significantly influence market sentiment and asset performance.

Technical Analysis and Predictions: Analysts are divided on Bitcoin's future, with some suggesting a potential rally if it can close above $92,000, while others warn of further declines if a bounce does not occur within the next week.