Bitcoin due to hit $90K 'in coming weeks'

[TomPluz]

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.

[Thetaris]

Analysts around the world are predicting this, so I wouldn't be surprised if it actually happens. Although it may not be so soon.

[Dora Walletinvestor]

I agree that even though bitcoin fell, it doesn't seem bearish. It has been pretty stagnant below $60K and I think this is a good opportunity for buying.

[Badal]

It seems to me that, on the contrary, it will roll back at the price at the moment.
A new all-time high was recorded.
So while you can buy more, although I would have waited.

[Finansist]

Интересненько)