$BTC

Update on BTC observation on 18/11/2024

WOW the dark yellow area next to the liquidation area of Short orders is so delicious.

Short orders with a stop loss at 93k500 will be liquidated within the next 24 hours.

Long orders will be liquidated when the price tests back to the 88K5 area.

Based on the monthly chart, we see that the upward force of BTC in November is very strong and is currently facing a significant resistance at the 93K5 area.

If BTC accumulates and sideways adjusts in a long-term upward trend, the next target of 95,000$ can easily be achieved, and it may even reach the highest historical level of 100,000$.

From a personal perspective, it shows that the push to raise BTC to 100,000$ will be achieved before Christmas this year or at the latest in January 2025 after Trump takes office and introduces supportive policies beneficial for Bitcoin and crypto.

@Bitcoinboy-8686

(Personal analysis, not financial advice)