en
Back to the list

Bitcoin (BTC) Price Prediction for November 6

source-logo  u.today 06 November 2024 15:49, UTC

Almost all of the major coins are in the green zone today, according to CoinMarketCap.

Article image

BTC/USD

The rate of Bitcoin (BTC) set a new all-time high today, rising by more than 7%.

Article image

Despite today's sharp growth, the price of BTC keeps looking bullish. If the breakout of the $75,080 level happens, the upward move can continue to $76,000 and above.

Article image

On the bigger time frame, one should pay attention to the daily bar closure in terms of the $73,600 level.

If it happens above it, there is a chance to see a test of new peaks until the end of the week.

Article image

From the midterm point of view, the picture is quite similar. If the closure above $73,794 happens and the weekly bar closes with no long wick, the accumulated energy might be enough for a move to the $80,000 range.

Bitcoin is trading at $73,777 at press time.

u.today
Cryptonews.net website uses cookie files to personalize services and improve the user experience of the website.
If you do not want your personal data to be processed, please limit its use in your browser.