Bitcoin

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Buyers are more powerful than sellers at the beginning of the weekend, according to <a href="https://u.today/toncoin-ton-price-prediction-for-november-8" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img src="https://u.today/sites/default/files/inline-images/top10_1463.png" data-entity-uuid="ecbf4f25-cd04-4c31-8074-985bd5d81787" data-entity-type="file" data-caption="Top coins by <a href=&quot;https://coinmarketcap.com/&quot;>CoinMarketCap</a>">
<h2 id="btc-usd">BTC/USD</h2>
The price of Bitcoin (BTC) has risen by 0.49% over the last 24 hours. <img src="https://u.today/sites/default/files/inline-images/btc1_239.png" data-entity-uuid="88e58134-5f9b-427b-b7cf-612d5b623d93" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/BTCUSDT&quot;>TradingView</a>">
On the hourly chart, the rate of BTC is in the middle of the local channel, between the support of $76,230 and the resistance of $76,666.
As neither side is dominating, ongoing sideways trading around the current prices is the more likely scenario until the end of the day. <img src="https://u.today/sites/default/files/inline-images/btc2_220.png" data-entity-uuid="8923aa8e-5ba0-45d0-9f70-2f5dcdbcd7be" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/BTCUSDT&quot;>TradingView</a>">
On the bigger time frame, one should pay attention to the nearest level of $76,900. If buyers' pressure continues, there is a chance of a resistance breakout followed by a test of a new all-time high. <img src="https://u.today/sites/default/files/inline-images/btc3_217.png" data-entity-uuid="e624b94f-9fc0-43e4-a4c0-bc989d1ece7a" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/BTCUSDT&quot;>TradingView</a>">
From the midterm point of view, there are no correction signals yet. If the weekly bar closes far from the $73,881 level and with no long wick, the growth may continue to the $80,000 mark.
Bitcoin is trading at $76,522 at press time. <a href="https://u.today/bitcoin-btc-price-prediction-for-november-9" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

Bitcoin (BTC) Price Prediction for November 9

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