Notes Latest Bitcoin ATH, Will it Break $100K per BTC?
2024-11-14
Bittime - Bitcoin's performance is increasingly attracting the attention of many parties, especially economists and Bitcoin investors, because the price continues to rise.
On November 13, 2024, the price of Bitcoin (BTC) was seen touching $93,409, causing many eyes to focus on Bitcoin.
Based on BTC price history which shows a positive trend, is it possible that Bitcoin's latest ATH record will lead Bitcoin's price to break through $100K?
Latest Bitcoin ATH Records
Bitcoin's upward trend could have been triggered by Donald Trump's victory in the American Presidential election it turns out that it is still continuing.
Based on chart information from coinmarketcap, it appears that Bitcoin has touched a new high, namely $93,409.
Sumber: coinmarketcap
Referring to the price chart from CoinMarketCap above, on November 13, 2024 chart shows that Bitcoin reached a high of around $93,409.02 at 11:15 PM.
Meanwhile, BTC's 24-hour trading volume reached $112.01 billion, indicating extremely high market activity at that time.
Read Also: Post Bitcoin Halving: $BTC Price Could Break $130,000
After the latest Bitcoin ATH on November 14 2024, Bitcoin prices appear to have decreased from the previous ATH level.
Nevertheless, BTC price still remains high above $90,000, with the price listed at around $90,810.
The chart shows that Bitcoin experienced significant volatility, with a sharp rise reaching an ATH on November 13 followed by smaller price fluctuations the following day.
Results aAnalysis shows that the highest price peak was reached on November 13, 2024, and despite a slight decline on November 14, Bitcoin prices remained in a high range.
Monitor Bitcoin on Bittime
You can follow and monitor the latest Bitcoin ATH records via the Bittime website or application on the trade page.
The Bitcoin (BTC) price graphic on Bittime is always updated actually and automatically, so you won't miss out on Bitcoin price information.
Based on the Bitcoin (BTC) price chart above, the price of BTC with pairing to IDR has increased by 4.82% in the last 24 hours, with the last price at 1,456,564,150 IDR.
The highest level for 24 hours was 1,464,152,449 IDR, while the lowest level was 1,385,154,832 IDR. This movement shows quite high volatility in this period.
Read Also: Buy & Sell BTC/IDR
BTC's performance against IDR shows a bullish trend with potential for consolidation in the short term.
However, it is necessary to pay attention to overbought signals on the RSI and MACD movement patterns to anticipate possible corrections.
Bitcoin Breaks $100K Price?
Based on a review of the data and graphs that have been presented, the claim that Bitcoin's price can break through $100K could come true.
There is the potential for Bitcoin prices to reach $100K in the next few months to a year, depending on supportive technical and fundamental conditions.
Read Also: How to Buy Bitcoin (BTC)
However, keep in mind that the crypto market is highly volatile, so these projections should be considered carefully.
Final Note
As the most valuable digital asset, Bitcoin is indeed worthy of being used as an investment asset. Considering the price of Bitcoin which could touch $100K in the next year.
However, immediately investing in Bitcoin without accompanying in-depth independent research is unwise.
The writing in this article is only educational, not an invitation to invest in any crypto asset, including Bitcoin.
That's a review of the latest Bitcoin ATH records, get the latest information about Bitcoin analysis, up to Bitcoin conversion only on Bittime. Hope it is useful.
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