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Cryptocurrency News Articles
Bitcoin (BTC) Price Prediction: BTC Nears $100,000, Will It Break Out or See a Correction?
Nov 23, 2024 at 03:56 am
Cryptocurrency markets are trading higher, with Bitcoin hovering around $100,000 and Jim Cramer suggesting it is “a winner.”

Crypto markets are showing signs of recovery, with Bitcoin (CRYPTO: BTC) nearing the $100,000 level once again.
Here's a closer look at the markets on Monday evening.
Top MoverCryptocurrencyPriceChange24 HourHigh24 HourLowBitcoin (CRYPTO: BTC)99,800.000.87%101,000.0098,000.00Dogecoin (CRYPTO: DOGE)0.0002305.06%0.0002390.000227
Rising MarketsThe majority of the top 10 cryptocurrencies are trading higher over the past 24 hours. Bitcoin is up 0.87%, while Ethereum (CRYPTO: ETH) is trading 0.28% higher. Binance Coin (CRYPTO: BNB) is up 1.04%, while XRP (CRYPTO: XRP) is trading 0.63% higher. Solana (CRYPTO: SOL) is up 0.88%, while Cardano (CRYPTO: ADA) is trading 0.07% higher.
Top GainersCryptocurrencyPriceChange24 HourHigh24 HourLowAmp (CRYPTO: AMP)0.00082210.27%0.0008390.000799Helium (CRYPTO: HNT)6.2010.17%6.305.90Theta Fuel (CRYPTO: TFTA)0.0009209.87%0.0009390.000897
Markets ImpactBitcoin trading closer to the $100,000 level has sparked mixed sentiments among traders.
Altcoin Sherpa quipped "See you guys at $60,000" when Bitcoin failed to break through the psychological barrier.
See you guys at $60,000.
Relative strength index (RSI) on the 15-minute chart showed the cryptocurrency was overbought. A breakout from the resistance at $99,000 could lead to the next resistance around $99,500.
Crypto trader Seth highlighted a "thick and sticky sell wall" as the obstacle.
The menace right now!
This is a thick and sticky sell wall. ?
$BTC #Bitcoin https://t.co/w25TFe6gev pic.twitter.com/13uVxevS9T
Dogecoin founder Billy Markus quipped, "maybe bitcoin will just become a $99,000 stablecoin."
maybe bitcoin will just become a $99,000 stablecoin
Quinten Francois remained optimistic, stating the Bitcoin bull market has "just started."
The bull market just started ?? pic.twitter.com/QYfxyaKAeJ
Daan Crypto Trades explained that traders are shifting from altcoins to Bitcoin preemptively as it edges closer to the $100,000 milestone.
He predicts a breakout, followed by consolidation, which could lead to altcoin rebounds. Until then, Bitcoin is expected to continue absorbing liquidity.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- NYC's New Beat: Staking Systems, USD1, and Governance Drive Crypto's Next Wave
- Apr 30, 2026 at 03:02 pm
- From lucrative USD1 earning events to robust governance models, the crypto sphere is buzzing with innovations reshaping how we engage with digital assets, focusing on long-term commitment and stablecoin utility.
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