Can Bitcoin reach 100k?
Updated
Hello, Traders!
Bitcoin price keeps reaching new all-time highs following the recent U.S. election. BTC recently surged past its previous ATH and quickly touched the 80k level. Now, many traders are wondering - how much higher can Bitcoin go before we see a correction?
Based on current trends, Bitcoin can potentially reach the 84k-86k range before taking a breather. However, this will largely depend on external factors, such as Bitcoin-ETF activity, political statements, and overall market sentiment.
At the moment, market sentiment remains extremely bullish, which suggests that Bitcoin upward trend may continue for some time. However, if a correction does happen, the 74k support level will likely play a key role in determining whether the uptrend continues or not.
On the other hand, BTC price might just keep pumping up to 100k before correction happens.
Please don’t forget to boost this idea and leave your comments below.
Bitcoin price keeps reaching new all-time highs following the recent U.S. election. BTC recently surged past its previous ATH and quickly touched the 80k level. Now, many traders are wondering - how much higher can Bitcoin go before we see a correction?
Based on current trends, Bitcoin can potentially reach the 84k-86k range before taking a breather. However, this will largely depend on external factors, such as Bitcoin-ETF activity, political statements, and overall market sentiment.
At the moment, market sentiment remains extremely bullish, which suggests that Bitcoin upward trend may continue for some time. However, if a correction does happen, the 74k support level will likely play a key role in determining whether the uptrend continues or not.
On the other hand, BTC price might just keep pumping up to 100k before correction happens.
Please don’t forget to boost this idea and leave your comments below.
Trade active
Bitcoin price keeps making new highs breaking 93k so far.
So far it seems like 100k will be reached within a week or two.
Let's see how it goes.
Note
After almost reaching 100k last week, Bitcoin went into correction and currently is trading below 92k level.
Ideally, we should see reaction from the bulls and some pull back above 95k from current levels.
Let's see if this happens or BTC continues to fall.
Note
After the recent correction on BTC, we saw a strong reaction from the bulls, signaling robust demand and a potential continuation of the uptrend.
Bitcoin has reclaimed 96k level, which is a critical psychological and technical area for the bulls, indicating that market participants remain confident.
In November, Bitcoin posted an impressive 37% gain, reinforcing the strength of the current rally. Historically, when the previous three months have been green, December has also followed suit with positive price action. If this pattern holds, we could see BTC break above the 100k milestone sometime in December.
Key levels to watch: 99k as immediate resistance and 91k as strong support.
A clean breakout above 99k could pave the way for a test of 105k.
Trade closed: target reached
Bitcoin price has finally smashed through the 100k barrier, setting a new all-time high at 104k! 🚀
This milestone marks a historic day not only for BTC but for the entire crypto market, showcasing the unstoppable momentum and growing adoption of digital assets.
The 100k level has been a long-anticipated psychological and technical target, and breaking it is a testament to the resilience of this bull run.
Let’s take a moment to celebrate this incredible achievement!!
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