CandleFocus Bitcoin (BTC) Price Prediction for November 29
2024-11-29
Author: Content Editor
The crypto market remains optimistic despite pressure from sellers, as indicated by CoinStats. Bitcoin has experienced a 3.36% increase in price over the past day. On the hourly chart, Bitcoin's value is steadily rising after breaking through the resistance level, and if the daily bar closes near or above $98,000, further growth towards the $99,000 range is expected. A significant level to watch is $99,121, as breaking through this resistance could lead to a move towards the $100,000 area. In the midterm, Bitcoin is on track to test the $99,800 level, and if this growth continues by the end of the week, a new all-time high may be observed. Bitcoin is currently trading at $98,018.
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