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Bitcoin is witnessing a shallow pullback, but bulls still anticipate a rally toward $100,000 in the short-term.
Bitcoin BTC $91,651 bulls took a small break on Nov. 14 but resumed their purchases on Nov. 15, pushing the price near $89,500. MicroStrategy founder and Bitcoin bull Michael Saylor told CNBC that Bitcoin is unlikely to plunge to $60,000 as some analysts are predicting. He expects Bitcoin to hit $100,000 before the end of the year.
VanEck head of digital assets research Matthew Sigel also echoed a bullish view when he told CNBC that Bitcoin could “make repeated all-time highs over the next two quarters,” He expects Bitcoin to reach $180,000 next year.
However, no bull market goes up in a straight line. Strong rallies are followed by sharp intermittent dips, which shake out the weak hands.
Real Vision chief crypto analyst Jamie Coutts said in a post on X that the strength of the United States dollar is not good for Bitcoin. He remains bullish in the long term but cautious in the short term.
Could Bitcoin reach $100,000, or will a correction set in? Are the altcoins showing signs of tiring out? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin price analysis Bitcoin formed an inside-day candlestick pattern on Nov. 14 and again on Nov. 15, indicating indecision between the bulls and the bears.
Жауапкершіліктен бас тарту туралы мәлімдеме: үшінші тараптардың пікірлері бар. Қаржылық кеңес емес. Ішінде жарнамалық контент болуы мүмкін.Шарттар мен талаптарды қараңыз.
BTC
91 351,76
+2.38%
ETH
3 119,07
+0.63%
SOL
218,92
+2.70%
679
0
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