Bitcoin$BTC from November 15 to 22, 2024, rose more than 8.5%. The largest cryptocurrency by market capitalization renewed its historical maximum several times during the week. As of Friday evening, the highest price for one BTC is $99,500.$XRP $ADA .

From a technical analysis perspective, Bitcoin is experiencing a strong bullish trend. Its presence is indicated by the price exceeding the 50-day moving average (marked in blue), and strengthening is indicated by the ADX indicator rising above 50. Current support and resistance levels are $93,483 and $99,500, respectively.

The Fear and Greed Index has reached its peak levels since February 2021. As of November 22, it stands at 94. This indicates a dominance of extreme greed in the sentiments of crypto investors.