Analysis $BTC 11/15/2024
#BTC, still no news... we continue working in the same price range as yesterday, and notice that we had great support in the $87,800 region, which was obviously expected and this puts us in a good situation here.
Yesterday's strongest pullback was caused by doubts about the FED's interest rate cut, since Powell is as always confusing and nonsensical, but I think we will still have some interest rate cut in DECEMBER.
Today's economic data did not make any difference in prices, and that is good.
Unfortunately, we are very close to the weekend and things are not reliable, however, if we are able to close the current 4h candle above $89,900 it will put us towards $95K during the weekend, and I expect that.
I think we could form a sideways channel over the weekend, between $90K and $95K, let's see what happens.
Today's buying was led by Binance, and next week I expect CB to start buying and stop selling, I also expect new records in ETFs, bringing even more excitement to the entire market!
$BTC $BNB #USUALonLaunchpool&Pre-Market #btc #BTCโ #BTC500K #BTC1D