bullish

Bitcoin

Story

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  <h3 class="wp-block-heading the-subtitle" id="story-highlights">Story Highlights</h3>   
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   <li>Bitcoin price records a new ATH of $94,002.87 on 20th November.</li>   
   <li>The technical indicators record increased price action, hinting at a further rise.</li>   
   <li>BTC ETF sees a net inflow of over $800 million.</li> 
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  <p>With an intraday jump of ~1%, the Bitcoin price has hit a new all-time high (ATH) of $94,002.87 during the early Asian trading hours. Following this, the Bitcoin ETF has experienced a significant inflow in the last 24 hours.</p>   
  <p>Will the rising bullish sentiment push the star crypto toward its $100k mark this month? Or will it enter a consolidated price action for a brief period? Scroll down as you are minutes away from finding it out!</p>   
  <h2 class="wp-block-heading" id="h-btc-price-achieves-a-new-high-during-the-early-asian-market">BTC Price Achieves A New High During The Early Asian Market!</h2>   
  <p>The Bitcoin price has maintained its bullish price action by rising 6.79% in 7 days and 34.63% in the last 30 days. Moreover, with MicroStrategy resuming its Bitcoin buying spree, institutional buying is turning more optimistic on Bitcoin strategy each day.</p>   
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   <img src="https://image.coinpedia.org/wp-content/uploads/2024/11/20125839/Bitcoin-Price-Analysis-20th-November-2024-1024x539.webp" alt="BTC Price Achieves A New High During The Early Asian Market!" class="wp-image-382229">
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    TradingView: BTC/USDT
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  <p>The Simple Moving Average (SMA) has constantly supported the Bitcoin price chart this month. This suggests a strong bullish sentiment for the crypto token in the market.</p>   
  <p>The RSI indicator continues hovering above the overbought range in the daily time frame. However, its average trendline records a high possibility of a bearish convergence, indicating a mixed price sentiment.</p>   
  <h2 class="wp-block-heading" id="h-will-btc-price-reach-100k-this-week">Will BTC Price Reach $100k This Week?</h2>   
  <p>If the bullish sentiment sustains, Bitcoin will surpass its $94,000 mark and test its $95k level. Maintaining the price above that level could set the stage for it to head toward its target price of $100k in the upcoming time.</p>   
  <p>On the contrary, if a bearish reversal occurs, the BTC price will retest its support level of $90,000. Furthermore, if the bearish sentiment intensifies, this could pull the price toward its lower support level of $80,000 this year.</p>   
  <p>Wondering about the long-term targets of BTC price? Read CoinPedia’s <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" target="_blank" rel="noreferrer noopener">Bitcoin price prediction</a> and also subscribe to us to stay updated on the latest crypto news!</p>   
  <h2 class="wp-block-heading" id="h-faqs">FAQs</h2>   
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    <strong class="schema-faq-question"><strong>What is the BTC Price prediction this week?</strong></strong> 
    <p class="schema-faq-answer">Considering the present market sentiments, the Bitcoin price could range between $90,000 and $97,000 this week.</p> 
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   <div class="schema-faq-section" id="faq-question-1732084711452">
    <strong class="schema-faq-question"><strong>What is the highest price of Bitcoin in history?</strong></strong> 
    <p class="schema-faq-answer">The BTC price recorded a new ATH of $94,002.87 on 20th November.</p> 
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   <div class="schema-faq-section" id="faq-question-1732084712256">
    <strong class="schema-faq-question"><strong>How much is BTC worth?</strong></strong> 
    <p class="schema-faq-answer">With an intraday jump of 0.67%, the Bitcoin price is currently valued at $92,298.55.</p> 
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Bitcoin Price Achieves $94k, BTC Price Eyes To Hit $100k This Weekend?

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