Next Week’s Bitcoin Price Forecast? $BTC #BTCSoarsTo68K # | tuNNCay on Binance Square

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Next Week’s Bitcoin Price Forecast?
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#BTCSoarsTo68K #forecast  

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This Rare Pattern Could Propel BNB Price To $1,200 🚀🚀 $BNB 🧧🧧🧧 BNB price has formed an extremely rare pattern that could push its price to $1,200 in the coming months. Binance Coin was trading at $616 on Tuesday, November 19, up by 240% from the year-to-date low, bringing its market cap to over $88 billion. The BNB price has more fundamentals that could help push its price higher in the long term. Like other coins, it will benefit from a friendly regulatory environment in the upcoming Donald Trump administration. Because of its size and liquidity, a potential BNB ETF cannot be ruled out as soon as in 2025. Binance Coin’s MVRV indicator has jumped to 2.7, meaning that it has more room to run in the coming months. The challenge for using the cup and handle pattern in trading is that it takes a long time to completely work out. In BNB’s case, the cup section took over three years to form, and the handle is in its eighth month. BNB price has other positive technicals. It has constantly remained above the 59-week moving average and is sitting at the strong pivot release of the Murrey Math Lines tool. Using the MML, the next potential target will be the extreme overshoot level at $875. BNB has also continued to burn tokens, making the remaining coins more valuable. The network implemented its 29th token burn earlier this month. #BNBAnalysis

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HBAR Price is Up 53% as Hedera Board Member Brian Brooks Could Head US SEC 🚀 $HBAR 🧧🧧🧧 The HBAR price has taken a new turn for the good, gaining 53% value in the last 24 hours, exciting the community for further gains. In the last few days, this public blockchain network has been in the limelight due to its new collaboration, boosting the demand for the token. Now, the Hedera board member Brian Brooks is bringing this limelight to another level as he is nominated for the next US SEC Chair position. More importantly, it is fueling the Hedera price rally, currently trading at $0.1362, with a market capitalization of $5.3B. Additionally, there is a 244% surge in trading volume, currently at $2.06B, showing rising interest in this token. However, this is not the only thing that has boosted the Hedera price, as it is up by 158% over the week and 168% over the month. #HBARUSD

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Pennsylvania House Pushes Bill To Create State Bitcoin Reserve🚀🚀 $BTC 🧧🧧 The Pennsylvania House of Representatives has drafted a bill to add a strategic Bitcoin reserve for the state. The bill has been presented by Republican Representative Mike Cabell, and this bill seeks to permit the treasury of Pennsylvania to invest up to 10% of its funds in Bitcoin. Cabell described the bill as a means to fight inflation and to enable the state to hold an asset that is resistant to economic fluctuations, something that BlackRock and Fidelity have recently done by investing in Bitcoin. According to Representative Cabell’s proposal, Pennsylvania can protect its reserves from the effects of inflation by owning Bitcoin. The bill titled the ‘Pennsylvania Bitcoin Strategic Reserve Act’ allows the state treasurer to make an investment of up to 10% of the state’s General Fund, Rainy Day Fund, and State Investment Fund in Bitcoin. This development is significant as it provides a bullish outlook for the Bitcoin price. With the state’s General Fund valued at over $9.7 billion, this could translate to a significant investment in the cryptocurrency. #PennsylvaniaBitcoinReserve

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PNUT Price Prediction: Could Bullish Trends Trigger a 300% Gain? 🚀 $PNUT 🧧🧧 PNUT, a meme-inspired token themed around Peanut the Squirrel, creates waves on the Solana blockchain. Over the past 24 hours, PNUT has seen a sharp price increase, making it one of the day’s top-performing assets. PNUT is drawing considerable attention and has become the most trending coin on the market. Over the past few days, the token has continued its upward climb, attracting investors eying a 300% surge soon. The coin’s backstory has also driven interest. The Meme coin was inspired by Peanut, a pet squirrel who was controversially euthanized by New York City’s Department of Environmental Conservation, sparking widespread public outrage. Prominent figures, including Elon Musk and former U.S. President Donald Trump, voiced their condemnation, fueling discussions across social media just days before the U.S. elections. Peanut the Squirrel price faces a potential surge if it successfully breaks through its current resistance level at $2.3. A breakout beyond this point would likely ignite momentum, pushing the price closer to the next resistance at $4. Should the asset maintain its position near $4, it could pave the way for a more ambitious target, reaching $6 in the coming days. The technical indicators for the PNUT pair on Binance suggest a significant shift in market momentum. The Moving Average Convergence Divergence (MACD) also shows signs of a bullish trend, with the MACD line crossing above the signal line. The Relative Strength Index (RSI), currently at 77, reveals that PNUT is entering an overbought zone. Given its rising popularity and market momentum, PNUT’s current trajectory suggests strong potential for a 300% gain. With increased trading volume and technical indicators favoring a bullish trend, PNUT’s upward surge could persist. DYOR #PNUTSurge

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For $10set, $0.618, $1, and $1,618 levels are future potential support and resistance zones. When the price approached levels such as 0.5041, 0.9080, 1.5000, and 8.1976, significant resistance and support zones formed. In particular, the 0.2633 level appears to be the current price level, and this could be a significant support level. Blue lines show the possible direction of movement of the price. On the chart, the price is expected to make an upward exit and enter a strong uptrend, especially towards the level of 8.2411. The price is currently at a low level and there is a tendency to recover upwards. • 8.2411, which is 1.618 Fibonacci level, has been marked as a potential target in the long term. This level can be a strong resistance, and if the price reaches this level, selling pressure can occur. • The fact that the price has crossed the level of 1,5000 means that the upward movement can continue stronger. It shows an upward potential in the medium and long term. However, it should be noted that selling pressure may increase at resistance levels (especially 0.9080 and 1.5000). #Tenset

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