bullish

Bitcoin

Read

<figure> 
 <figcaption>
 Cover image via <a href="https://u.today/">U.Today</a>
 </figcaption> 
</figure>
The market has not reached the overbought zone yet, according to <a href="https://u.today/doge-price-prediction-for-november-13">CoinStats</a>.
<img src="https://u.today/sites/default/files/inline-images/top10_1474.png" data-entity-uuid="4f772949-d338-4dcb-b5b9-e9f3eaee03e9" data-entity-type="file" data-caption="BTC chart by&amp;nbsp;<a href=&quot;https://coinstats.app/coins/&quot;>CoinStats</a>">
<h2 class="text-align-justify" id="btc-usd">BTC/USD</h2>
The rate of Bitcoin (BTC) has gone up by 3.86% since yesterday.
<img src="https://u.today/sites/default/files/inline-images/btc1_241.png" data-entity-uuid="da75ce02-1174-4da1-841a-1c5cea3047b4" 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 price of BTC is above the local resistance of $90,629. If the daily bar closes above this mark, growth may continue to the $92,000-$93,000 range shortly.
<img src="https://u.today/sites/default/files/inline-images/btc2_222.png" data-entity-uuid="03c99ee3-ef5f-4830-b456-d44c97e2724d" 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, the rate of the main crypto is trading within yesterday's bar, which means none of the sides is dominating.
Thus, the volume has reduced, confirming the absence of bullish energy. In this case, sideways trading in the zone of $89,000-$92,000 is the more likely scenario.
<img src="https://u.today/sites/default/files/inline-images/btc3_219.png" data-entity-uuid="df8db60e-fb96-4990-828d-372712485e3e" 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, traders are focusing on the weekly candle's closure. If it happens around its peak, the rise may lead to a test of the $100,000 zone.
Bitcoin is trading at $90,561 at press time. <a href="https://u.today/bitcoin-btc-price-prediction-for-november-14">Read original article on U.Today</a>

Bitcoin (BTC) Price Prediction for November 14

Table of Contents

U_Today

Other articles published on Nov 14, 2024

Pepe Coin Soars 85% Following Coinbase Listing News

Litecoin Price Analysis: Key Levels to Watch for $100 Target

Bless Brings Decentralized Edge Computing to Life with Testnet Now Live via Chrome Extension

Tether Introduces Hadron for Asset Tokenization

Will China Lift Its Crypto Ban? HashKey CEO Suggests Trump’s Victory Could Change the Game

Republicans Take the House, New Crypto-Friendly Policies on the Horizon

Join our free newsletter for daily crypto updates!