*Bitcoin Price Prediction:*
The next key levels to watch are $95k, $97k, and even $100k, but there’s no guarantee we’ll reach them yet. While Bitcoin is seeing some gains, altcoins aren’t doing much right now. If Bitcoin continues to climb, it may cause a shift in focus back to altcoins, but we need to be careful about a potential pullback.
If Bitcoin experiences a pullback, it might not be a sharp crash; it could just be a sideways correction, which would still allow for more upward movement after. The key here is to watch for a continuation above key levels and to keep an eye on the individual altcoins for any support breakdowns.
However, BTC is still looking for higher prices, as long as the support holds, but the market structure is a bit choppy and uncertain. Momentum isn’t too strong, and there’s a possibility this could be a temporary correction rather than a clear upward wave.
Bitcoin has been skyrocketing to all-time highs after the election. The price is up by more than three percent in the last 24 hours and is currently trading above the crucial $94,500 mark. Majority of the top 10 cryptocurrencies are trading in green, keeping the overall market sentiment positive.