Bitcoin

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The market is again mainly green, according to <a href="https://u.today/shib-price-prediction-for-november-21" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img src="https://u.today/sites/default/files/inline-images/top_14.png" data-entity-uuid="55bba4ea-9d16-4caf-abd0-51f94da082ed" data-entity-type="file" data-caption="Top coins by<a href=&quot;https://coinmarketcap.com/&quot;> CoinMarketCap</a>">
<h2 class="text-align-justify" id="btc-usd">BTC/USD</h2>
The price of Bitcoin (BTC) has increased by 1.79% over the last 24 hours. <img src="https://u.today/sites/default/files/inline-images/bc1.png" data-entity-uuid="78cbdb65-b6ee-4da8-8ea0-d02b86902a9e" 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 rate of BTC has bounced off the local support of $97,367. If the daily bar closes far from this mark, there is a possibility of seeing a test of the resistance of $99,414 by tomorrow. <img src="https://u.today/sites/default/files/inline-images/btc2_225.png" data-entity-uuid="f8e0575a-3a32-4639-a22b-197bdd815098" 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, traders should pay attention to the recently formed resistance of $99,100. If its false breakout happens, one can expect a correction to the $94,000 zone soon. <img src="https://u.today/sites/default/files/inline-images/btc3_222.png" data-entity-uuid="7e0780a6-5133-40f6-952c-b69ee9292233" 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, there are no reversal signals yet. In this case, one should focus on the weekly candle closure in terms of its peak.
If it happens with no long wick, growth may continue to the vital area of $100,000.
Bitcoin is trading at $98,333 at press time. <a href="https://u.today/bitcoin-btc-price-prediction-for-november-22" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

Bitcoin (BTC) Price Prediction for November 22

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