Bitcoin is entering a new week just below all-time highs after achieving its highest weekly close ever, nearing $90,000. Traders anticipate ongoing price discovery, looking at $80,000 as an entry point to buy on dips. Market sentiments indicate a cautionary rise in extreme greed as speculation around BTC reaching $100,000 mounts, with many new traders entering the market. Bitcoin's price is currently maintaining momentum, having increased 30% in November alone. Whales are actively accumulating Bitcoin, and despite some ETF volatility, holding levels continue to rise. With expectations of possible upcoming Federal Reserve interest rate cuts clouded by inflation and unemployment concerns, analysts forecast a complex week ahead with financial data releases. The current uptick in social media hype surrounding Bitcoin could signal potential market reversals. Overall, the outlook remains bullish in light of record-setting weekly metrics, despite warnings of excessive optimism.

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