While the rally continues, Bitcoin is approaching the $ 100,000 mark

• The new price of Bitcoin follows after he had reached $ 98,000 yesterday
• Analyst Skew said that there was a "positive market signal" and there is "a wide range of space on scores around $ 100,000".

Bitcoin came in grapples of $ 100,000 on November 22nd, since the asset continues its upward trend since the beginning of November.

Data from CoinmarketCap show that Bitcoin has reached a maximum of $ 99,500. The record was set up after Bitcoin exceeded the $ 98,000 mark yesterday, driven by the introduction of ETF options at the beginning of this week.

The rally followed after Bitcoin fell to $ 95,000 yesterday afternoon before going back into the countryside.

take X analyst SKEW said: "The price experienced a short LTF decline afterwards. With underlying spot buyers ~ positive market signal, ”he adds:

"Many scout offers are around $ 100,000.

$ btc update since the last Post
The price experienced a short LTF decline before climbing

It is still observed that the limit bids increase in the case of underlying spot buyers
~ Positive market signal

Many score offers are around $ 100,000 $

The price currently chews on it ... https://t.co/truzvgxwtm pic.twitter.com/ngteky6y0f

- SKEW δ (@52KSKEW) 22. November 2024

Joe Constori, growth manager at theya and institutional director at Bitcoin Layer, said X $ 100,000 will pass.

"His properties have always made it a basic money assets worth several trillion dollars.

Market analyst ali mentioned that "The td sequential a sales signal on the 4-hour chart of #bitcoin Represented $ BTC and expected a short correction to $ 97,085, ”he adds:

"A candlestick closure course over $ 100,470 will destroy the declining formation and may trigger a thrust #Btc on 102.656 $ or $ 104,343. “

The td sequential represents a sales signal dar #Bitcoin Rel = "Nofollow Noopener" Target = "_ blank" href = "https://twitter.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5etfw"> $ Btc 4-stunden-chart with expectation of a short correction at 97.085 $!

A candletting closure course over $ 100,470 will invalidate the declining formation and may lead to an increase #Btc to $ 102.656 or 104.343 $. pic.twitter.com/wikqtgynmj

- ali (@ali_charts) 22. November 2024

Pro crypto

The continued increase has followed since Donald Trump won his re -election in the White House on November 5th.

Trump, who is now considered a crypto supporter, made several promises regarding the crypto market, including the USA to make the "crypto capital of the world".

At the beginning of this week it was reported that Trump's transition team is considering the opening of a crypto office in the White House.

In the event of its facility, this position would serve as a connection between the sector for digital assets, congress and important regulatory authorities such as the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC).

At the time of publication, Bitcoin is noted at $ 98,600.