Bitcoin (BTC) at $ 90,000The bullish forecast for bitcoin now places it in the $ 75,000- $ 100,000 range by the end of 2021. Even a low below $ 60,000 would not undermine bitcoin’s uptrend.

The daily Bitcoin price (BTC) is offered to you in collaboration with the Coin trading and its algorithmic trading solution finally accessible to individuals.

Bitcoin at $ 59,000: the best case scenario for bitcoin

Bitcoin drops to $ 62,300 today, November 12, 2021, before winning back the 63, then the $ 64,000. It is trading at $ 64,303 at the time of writing, and is currently recording a daily gain of 2.02%.

Bitcoin has undergone a correction after hitting an all-time high at $ 69,000 and may enter a phase of consolidation. For the Galaxy trader, a fall to $ 59,000- $ 61,000, followed by consolidation, would allow the bullish rally to continue :

“A decline to 59-61k followed by some consolidation would be the best way to continue the bull-run in my opinion”

This scenario “might not happen, but it would be extremely healthy for $ BTC and alts.”

Bitcoin at $ 90,000: post-correction hikes

While bitcoin is currently trading at just over $ 5,000 of its current ATH, Decentrader expects new all-time highs at $ 90,000 in the coming weeks, with the resumption of the bull run:

“We remain bullish on the high time frames and continue to expect the price to rise to the $ 85,000- $ 90,000 region in the coming weeks, which aligns with the retracement level. of fiber 1.618 “

The Galaxy trader has also issued bullish forecasts, but much less optimistic than Decentrader. He sees a bitcoin at $ 75,000 in the short term, indicating that retest lows were healthy for a bullish rally:

“Yesterday’s retest was necessary to continue the bullish run in a healthy way. I think we’ll start pumping harder now ”

Bitcoin could rise to $ 75,000, despite a low of $ 59,000.
Galaxy publication – Source: Twitter

This bullish outlook comes on top of others that were issued as markets were still shaken after bitcoin’s boost to $ 69,000.

Is it possible to be gagnant every time? Whether the price of Bitcoin is in great shape, or going through turbulence, Coin Trading offers you to increase your chances of success. Indeed, Trading Du Coin allows individuals to access an algorithmic and 100% automated trading tool. A real trend mechanism, this tool was designed to adapt to market reversals and position itself on the most dynamic crypto assets of the moment.


LEAVE A REPLY

Please enter your comment!
Please enter your name here