Bitcoin At $81,000 What Is The Next Move

Just as said in the previous post I wrote about Bitcoin analysis it was predicted that before the end of November, the price of Bitcoin will reach $80,000.

Today, as of the time of writing this post, which is 11 November, 20234, the price of Bitcoin has experienced notable gain, currently trading and fluctuating around, $80,000 to $81,000 which will surge higher the more. In the last 24 hours, Bitcoin had increased by more than 3% and by over 16% in the past week.

Are we in the bull run already, or is it because of the slogan of Crypto Presido? Well, I think both are contributing factors to the rise of Bitcoin and other altcoins.

The thing is as Bitcoin has risen above the level of $80,000 it has simply encouraged investors, market analysts, traders even the world at large to remain bullish in the crypto market. Probably a resistance level is expected to be formed at around $85,000 before we can get to $90,000 if the current trend continues to move higher.

What we are seeing, is simply an indication that Bitcoin could push above $100,000 in early 2025 if the momentum holds stronger 💪 if we are to see Bitcoin trading at around $100k in January 2025 then that means we should be expecting to see the price push towards $130,000. However, we are expected to see price fluctuations which are natural in the crypto space.

We are expecting to see more price surges in altcoins Bitcoin rise. Bitcoin has been the leading and most influential cryptocurrency in the world which means the rise of Bitcoin is a hope for all other cryptocurrencies.

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Disclaimer

_{Please note that the crypto market is highly volatile, and predictions can vary, It is advisable for you to always trade the market with caution no matter how bullish you are with the prediction you have made or received.}