Ethereum

bullish

Bitcoin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/will-bitcoin-cross-100000-this-weekend" data-wpel-link="internal" rel="noopener noreferrer nofollow">Will Bitcoin Cross $100,000 This Weekend?</a><br></p>
<p style="text-align: justify">Currently, <a href="https://en.bitcoinhaber.net/coal-mining-leader-dives-into-bitcoin-mining-with-strategic-investment" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> is trading around $98,860, with anticipation building as it approaches the significant $100,000 threshold. A mere $412 increase could propel <a href="https://en.bitcoinhaber.net/bitcoin-spikes-pulling-altcoins-up-in-market-rally" data-wpel-link="internal" rel="noopener noreferrer nofollow">BTC</a> into the six-figure range before the weekend begins. Speculations are rife about the price trajectory over the next few days, including potential shifts in altcoins.</p>
<h2 style="text-align: justify" id="what-are-bitcoin-s-weekend-predictions">What Are Bitcoin’s Weekend Predictions?</h2>
<p style="text-align: justify">Trading volumes for Bitcoin are expected to drop considerably this weekend due to the absence of ETF inflows and options trading. As active traders typically withdraw from the market over weekends, the reduced trading volume could create conditions for notable price fluctuations.</p>
<p style="text-align: justify">Bitcoin is likely on the brink of surpassing the $100,000 mark, driven by a remarkable 47% surge spurred by recent elections. Within just 17 days, the cryptocurrency has witnessed one of its largest monthly candles, raising excitement among traders about its potential trajectory.</p>
<h2 style="text-align: justify" id="how-will-altcoins-perform-this-weekend">How Will Altcoins Perform This Weekend?</h2>
<p style="text-align: justify">In bullish trends, short-term traders often hunt for opportunities. The diminished weekend trading can lead to unusual movements in low-liquidity altcoins. This could result in some altcoins experiencing sharp price changes, particularly those ranked in the 100-200 range of market capitalization.</p>
<p style="text-align: justify">Such volatility can trigger increased speculative buying due to fear of missing out (FOMO), especially with Bitcoin’s impressive gains. Typical surges of 3-5 times could occur during this bullish cycle over the weekend.</p>
<ul>
 <li>Short positions in altcoins may face unexpected developments in the coming days.</li>
 <li>Ethereum could potentially surge past $3,800, given Bitcoin’s stability.</li>
 <li>Conversely, a sudden drop in Bitcoin to $80,000 might cause altcoins to plummet by 50%.</li>
</ul>
<p style="text-align: justify">The market’s unpredictable nature emphasizes the need for thorough research and careful strategy formulation for traders as they navigate the weekend’s trading landscape.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/will-bitcoin-cross-100000-this-weekend" data-wpel-link="internal" rel="noopener noreferrer nofollow">Will Bitcoin Cross $100,000 This Weekend?</a></h5>

Will Bitcoin Cross $100,000 This Weekend?

Table of Contents

BH NEWS

Other articles published on Nov 22, 2024

MicroStrategy’s Profit Could Exceed $10B if Bitcoin Hits $100K

Analyst Says XRP Will Absolutely Rocket if It Crosses This Level On The Monthly

Shiba Inu (SHIB) Mirrors Dogecoin's Path: Is A +100% Move On Horizon?

AI Predicts When Dogecoin Could Hit $1

Exciting Times Ahead for XRP Holders

RWA sector, up 20% over the past 7 days, is one of the leading sectors in the broader market

Join our free newsletter for daily crypto updates!