Bitcoin due to hit $90K ‘in coming weeks’ despite pullback — latest technical analysis

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.

Update: High timeframes “remain bullish”

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,…


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