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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-surpasses-93000-as-price-momentum-continues/" data-wpel-link="internal">Bitcoin Surpasses $93,000 as Price Momentum Continues</a> 
Bitcoin has once again surpassed $93,000, indicating a steady journey toward a historical peak. For <a href="https://en.coin-turk.com/sec-actions-ignite-sharp-rise-in-themed-memecoins/" data-wpel-link="internal">altcoins</a>, it is essential for BTC to reach and consolidate at six-figure prices. Although delayed, altcoins followed BTC’s rise in March. However, the targeted levels for the majority of altcoins have not yet materialized. What expectations does the analyst who claims to know what will happen today have? 
<h2 style="text-align: justify" id="crypto-analyst-predicts-price-rise">Crypto Analyst Predicts Price Rise</h2> 
Popular <a href="https://en.coin-turk.com/analysis-of-altcoin-prices-stellar-xlm-ripple-xrp-monero-xmr-review/" data-wpel-link="internal"></a><a href="https://en.coin-turk.com/key-developments-impacting-cryptocurrency-markets-this-week/" data-wpel-link="internal">crypto</a> analyst Daan Crypto Trades stated today that BTC will attempt a new test above $93,000 while the price hovers around $91,700. BTC lingered around the $92,000 mark for an extended period, but as predicted, it has surpassed the critical point. However, it needs to do more. 
<blockquote> 
 “Bitcoin has a large liquidation cluster at the $93,000+ level, which corresponds to an all-time high. 
 The longer the price consolidates in this area, the more likely we are to break these high levels as positions continue to build up.” 
</blockquote> 
<img decoding="async" class="size-full wp-image-408191 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/yukselisi-bilen-kripto-analisti.png" alt="" width="738" height="423"> 
If the predictions hold, we may witness a significant spike heading towards $95,345. In the last 24 hours, $54 million worth of positions were liquidated, with only $24 million of that being short positions. While investors act boldly against the risk of decline, they can avoid liquidations by setting good stop levels for the rise. 
<h2 style="text-align: justify" id="tia-and-eth-coin-predictions">TIA and ETH Coin Predictions</h2> 
Overall, the expected rise in altcoins has not materialized, largely because ETH is not leading the way. Investors are still longing for the days when gains against BTC began, as they linger at lows in the ETHBTC pair. If ETH can initiate a move targeting $5,000, liquidity will shift from BTC to ETH and the rest of the altcoins, potentially bringing us back to the desired days in bull markets. 
<img decoding="async" class="size-full wp-image-408192 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/eth-fiyat-yorum-19-kasim.jpg" alt="" width="1280" height="720"> 
In his latest analysis, Kyle noted that despite ETH’s recent price increase, individual investors are holding their positions, indicating confidence in long-term growth. 
<blockquote> 
 “Despite the recent price rise of ETH, individual investors are holding their positions, which reflects confidence in its long-term growth. 
 Low inflows to exchanges and SOPR near the breakeven point show that investors are reluctant to sell. If ETH stays above $2,800, it could potentially reach $4,000 in the short term, reflecting a strong ‘buy and hold’ sentiment.” 
</blockquote> 
Finally, analyst Waleed Ahmed, known by his pseudonym, shared a graph warning that the journey for TIA Coin towards $9 has begun. If correct, the price could make a new leap from $5.43 to $9. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-408193 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/tia-coin-analist-tahmini-yeni-scaled.jpg" alt="" width="2560" height="1417"> 
The post <a href="https://en.coin-turk.com/bitcoin-surpasses-93000-as-price-momentum-continues/" data-wpel-link="internal">Bitcoin Surpasses $93,000 as Price Momentum Continues</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Bitcoin Surpasses $93,000 as Price Momentum Continues

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