Bitcoin hits $90,400 amid growing investor optimism and confidence. Bitcoin (BTC) has skyrocketed to $90,400, driven by rising market confidence. This comes as investors anticipate favorable changes following the expected resignation of the SEC Chairman. XRP Coin has also surged past $1, adding to the bullish sentiment. The cryptocurrency fear and greed index stands at 83, highlighting increased enthusiasm.
$btc $btcusd
— RLinda (@RLindaTrade) November 16, 2024
BTCUSD is consolidating after a strong rally. Most likely the token is preparing to go even higher. The target of 95K-100K is getting closer and closer and is becoming more and more realistic. FOMO or managed to get on the northbound train?
⚠️… pic.twitter.com/Slpy6uBIiP
The total market capitalization has crossed $3 trillion, with trading volumes reaching $174 billion. Some tokens have posted extraordinary gains. Although the altcoin market shows mixed performance, many tokens have achieved gains between 50% and 100%. Bitcoin’s rally signals renewed interest in cryptocurrencies despite broader market fluctuations. This milestone solidifies Bitcoin’s status as a key player in the digital asset space.
Key Bitcoin Levels To Watch – November 17
BTCUSD is currently consolidating just above $90000 after a strong bullish rally. The psychological level of $100000 is the next significant resistance.
A breakout from this range could push the price toward $110000. The stochastic RSI, which is in overbought territory, suggests a potential short-term correction before continuation.
BTCUSD Key Levels
Resistance Levels: $90000, $100000, $110000
Support Levels: $73840, $53500, $31860
BTC/USD Metrics
Total Market Capitalization: $3.09T
Bitcoin Market Capitalization: $1.79T
Bitcoin Volume: $44.95B
Market Rank: #1
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