bullish

Bitcoin

when

Coin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-surges-beyond-93000-as-analysts-share-predictions/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Surges Beyond $93,000 as Analysts Share Predictions</a> 
Bitcoin has surpassed $93,000, suggesting a continued journey towards historic highs. For <a href="https://en.coin-turk.com/popular-altcoin-surges-after-announcement-similar-to-amazon-hype/" data-wpel-link="internal" rel="noopener noreferrer nofollow">altcoins</a>, BTC must reach six-figure prices and consolidate there. We have observed that altcoins began to follow BTC’s rise in March, albeit belatedly. However, the target levels for most altcoins remain elusive. What are the expectations of the analyst who predicts today’s movements?
<h2 style="text-align: justify" id="crypto-analyst-predicts-price-movements">Crypto Analyst Predicts Price Movements</h2>
Renowned <a href="https://en.coin-turk.com/investors-analyze-market-trends-for-floki-coin-xrp-and-avax/" data-wpel-link="internal" rel="noopener noreferrer nofollow"></a><a href="https://en.coin-turk.com/google-cloud-partners-with-altcoin-for-web3-integration/" data-wpel-link="internal" rel="noopener noreferrer nofollow">crypto</a> analyst Daan Crypto Trades indicated today that while BTC is at $91,700, it will attempt a new peak above $93,000. BTC, which had lingered around $92,000 for an extended period, has surpassed this crucial threshold, yet further action is necessary.
<blockquote>
 “Bitcoin has a significant liquidation cluster at the $93,000+ level, which corresponds to all-time highs.
 The longer the price consolidates in this area, the greater the chances of lifting these high levels as more positions accumulate.”
</blockquote>
<img loading="lazy" loading="lazy" 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 he continues to be correct, we could see a significant rally towards $95,345. In the last 24 hours, $54 million worth of positions were liquidated, with only $24 million being short positions. While some investors behave boldly against the risk of decline, they manage to avoid liquidation by properly setting stop levels for upward movements.
<h2 style="text-align: justify" id="tia-and-eth-coin-predictions">TIA and ETH Coin Predictions</h2>
The anticipated rise in altcoins has not materialized as ETH is not leading the way. Investors are still hoping for the days when gains against BTC will resume while lingering at lows in the ETHBTC pair. If ETH can initiate a move targeting $5,000 again, liquidity may shift from BTC to ETH and other altcoins, potentially returning us to the bullish days longed for.
<img loading="lazy" loading="lazy" 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 stated:
<blockquote>
 “Despite the recent price increase of ETH, individual investors are holding their positions, a sign of confidence in its long-term growth.
 The low entries to exchanges and the SOPR near breakeven indicate reluctance in selling. If ETH remains above $2,800, it could potentially reach $4,000 in the short term, reflecting a strong ‘buy and hold’ sentiment.”
</blockquote>
Lastly, an analyst known as Waleed Ahmed warned that the journey for TIA Coin has begun towards $9. If correct, the price could bounce 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-surges-beyond-93000-as-analysts-share-predictions/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Surges Beyond $93,000 as Analysts Share Predictions</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.

Bitcoin Surges Beyond $93,000 as Analysts Share Predictions

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