bullish

Bitcoin

April

Story

Trillion

<div id="story-highlight-pattern-block" class="wp-block-group">
  
 <div id="story-highlights" class="wp-block-group">
   
  <h3 class="wp-block-heading the-subtitle" id="story-highlights">Story Highlights</h3>   
  <ul class="wp-block-list story-highlights-list">
    
   <li>The BTC price retests the $98,000 mark today.</li>   
   <li>Bitcoin technical indicators record bullish sentiment, hinting at a higher price target.</li>   
   <li>The star crypto is only $2,422.72 away from achieving the $100k mark.</li> 
  </ul>   
  <p>With an intraday jump of 3.82% and a trading volume of $91.29 billion, the Bitcoin price has achieved a new all-time high of $97,862.64. With this, the market is highly anticipating the star crypto to hit the $100k mark in the upcoming hours.</p>   
  <p>Amid the present market conditions, will BTC price slingshot to $100k soon? Moreover, will the price maintain its bullish action after hitting the $100,000 mark? Or will the price experience a significant correction soon after?</p>   
  <h2 class="wp-block-heading" id="h-btc-price-hits-new-ath">BTC Price Hits New ATH!</h2>   
  <p>With a monthly gain of 44.38%, the largest cryptocurrency by market capitalization has achieved a new high by surpassing the $1.9 Trillion mark. Notably, with a trading price of $97,577.28, it is presently valued at $1.915 Trillion.</p>   
  <figure class="wp-block-image size-large">
   <img src="https://image.coinpedia.org/wp-content/uploads/2024/11/21164930/Bitcoin-Price-Analysis-21st-November-2024-1024x540.webp" alt="Bitcoin Price Analysis 21st November 2024" class="wp-image-383184">
   <figcaption class="wp-element-caption">
    TradingView: BTC/USDT
   </figcaption>
  </figure>   
  <p>Notably, the Bitcoin token successfully retested the $90k mark following which the star crypto has recorded 4 consecutive green candles, resulting in it surpassing the $97,000 mark during the early Asian trading hours.</p>   
  <h2 class="wp-block-heading" id="h-bitcoin-technical-sentiments">Bitcoin Technical Sentiments</h2>   
  <p>The EMA 50/200-day continues displaying an upward trend in the daily time frame. This suggests a bullish outlook for the BTC price in the upcoming time.</p>   
  <p>Further, the Relative Strength Index (RSI) continues hovering above the overbought range with its average trendline experiencing a similar trend action. This indicates a significant increase in the buying pressure for Bitcoin in the market.</p>   
  <h2 class="wp-block-heading" id="h-how-high-will-the-btc-price-go">How High Will The BTC Price Go?</h2>   
  <p>Maintaining its bullish sentiment could push the Bitcoin price toward its target price of $100k this weekend. Furthermore, if the bullish sentiment sustains, this could result in the market leader heading toward its upper high of $110,000 this month.</p>   
  <p>On the contrary, if a bearish trend reversal occurs, the BTC price will retest its $90,000 range. Moreover, if the bearish sentiment intensifies, this could pull the price toward its lower support level of $80,000.</p>   
  <p>Curious about what’s next after this crypto token hits $100k? Read CoinPedia’s <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" target="_blank" rel="noreferrer noopener">Bitcoin Price Prediction</a> and also follow us to stay updated on the latest crypto news!</p>   
  <h2 class="wp-block-heading" id="h-faqs">FAQs</h2>   
  <div class="schema-faq wp-block-yoast-faq-block">
   <div class="schema-faq-section" id="faq-question-1732187821245">
    <strong class="schema-faq-question"><strong>Is BTC a buy or sell?</strong></strong> 
    <p class="schema-faq-answer">With the fear and greed index at 86, Bitcoin is a strong buy today.</p> 
   </div> 
   <div class="schema-faq-section" id="faq-question-1732187822661">
    <strong class="schema-faq-question"><strong>When was Bitcoin 1 dollar?</strong></strong> 
    <p class="schema-faq-answer">The last recorded price of the BTC around the $1 mark was between February 2011 and April 2011.</p> 
   </div> 
   <div class="schema-faq-section" id="faq-question-1732187823265">
    <strong class="schema-faq-question"><strong>Will the BTC Price hit $100k tomorrow?</strong></strong> 
    <p class="schema-faq-answer">With only a few thousand dollars remaining, this cryptocurrency may achieve the $100k anytime.</p> 
   </div> 
  </div> 
 </div> 
</div>

Will Bitcoin Price Hit $100k In Next 24 Hours?

Table of Contents

CoinPedia News

Other articles published on Nov 21, 2024

Popcat Price Drops, New Meme Coin CatSlap Token Listed On DEX: Best Crypto To Buy Now?

Bitcoin Eyes $100K After Reaching New ATH of $97.6K

Couldn’t Join the Cosmos Bulls? This Layer-1 Project Will Take You to the Future and Beyond

'Time Will Tell': Binance Bosses Add Intrigue to Bitcoin Mania at $97,000

Should You Buy Bonk Now or Invest in New Low Cap Meme Coins

Ethereum Foundation (EF) Releases 2024 Annual Report: A Look at its Financial Growth

Join our free newsletter for daily crypto updates!