Bitcoin hit a new record high of $77,000 on Nov. 8, with analysts predicting a potential rise to $100,000 in the coming months. Experts suggest the rally is supported by strong fundamentals, with expectations of even higher levels over the next year. However, caution is advised as the market leans heavily towards optimism, which could lead to sudden dips.

In other crypto news, Ethereum broke through key resistance, signaling a possible trend change, while Solana continues its upward momentum. BNB faces resistance at $612, and XRP struggles to maintain gains above its 50-day SMA. Meanwhile, Dogecoin, Toncoin, Cardano, Shiba Inu, and Avalanche show varied movements, each with specific resistance and support levels to watch.