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It's a case of "if in doubt, zoom out" this week, as Bitcoin heads for a showdown with Taproot and ETF approvals. Bitcoin (BTC) is still on to run to $90,000 in the coming weeks after “trapping” leverage traders. In its latest market update on Nov. 12, trading platform Decentrader underscored popular sentiment on BTC price action.
Despite losing $4,000 in a single day on Nov. 10 and trending sideways since, Bitcoin is anything but bearish, many analysts argue. With short-term conditions punishing leveraged long traders but funding rates still high, however, hodlers may be in for more pain before a recovery kicks in. When it does, new all-time highs are due, Decentrader believes.
Source: https://cointelegraph.com/news/bitcoin-due-to-hit-90k-in-coming-weeks-despite-pullback-latest-technical-analysis
In my own view, there is now no stopping for Bitcoin towards the goal of $90K and even getting near $100K before the year ends or at least in the first quarter of 2022. This is not anymore a question of IF but of WHEN. So get more Bitcoin as you can before the big parabolic move.