11/30/2024
Bitcoin continues to be range-bound. Following the presidential election, Bitcoin surged dramatically, reaching as high as $99,860. However, since then, it has not been able to breach that level.
Could this be a time of accumulation? From a chart pattern perspective, it very well might be. The Daily Price Range Projections showed a widening of the ranges as of yesterday's close. As we head into the end of the year, I am expecting more bullish moves, in line with the overall equity markets.
Today's Bitcoin Price Range Projections:
* Low End: $72,164
* High End: $108,294