Bitcoin is experiencing volatility on November 13, following a new all-time high of $90,240 recorded on Bitstamp. Despite this achievement, market experts suggest that further increases above $90,000 may not be imminent. Keith Alan from Material Indicators emphasizes the need for Bitcoin to stabilize and create structural support in this new range due to significant sell-side liquidity, particularly with a $177 million sell wall at $100,000. Market sentiment predicts a potential range between $70,000 and $90,000 in the coming weeks, with warnings of a bull trap. Statistician Willy Woo notes that the next critical resistance level is around $102,000, determined through Fibonacci analysis and liquidation levels. This analysis indicates that while the current price action is noteworthy, a period of consolidation is likely necessary before any substantial upward movement can occur.

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