The bullish indices for bitcoin do not stop, I hope there are many more reasons for investors to continue buying, because it is a good time to do so, a beautiful time like December is Approaching so that it can become a Reality.
I don't know if Changpeng Zha's resignation will be beneficial for US investors, but there has been some noise about this, there have been deposits to Coinbase, and could this increase confidence in US investors? Many believe that the price could reach $38k, but I am one of those who may think that by the end of the year it could reach $50k.
In an analysis that leveraged the Ichimoku Cloud indicator, Titan of Crypto spied a clean breakout of its key components in a rare event for the Bitcoin weekly chart.
Ichimokus lagging span, Chikou as measured 26 weeks prior was now both above price and at the top of the Kumo Cloud. Together with Tenkan-sen and Kijun-sen displaying a renewed uptrend, the picture looked highly promising for upside continuation, Titan of Crypto concluded.
Price action wise pay attention to the last 2 weekly candles. Wicks indicate bulls are pushing back, he summarized in part of accompanying X commentary on Nov. 25.
The momentum is up, $39.3k is next.
Original Source:
https://cointelegraph.com/news/bitcoin-bulls-hold-weekly-close-btc-price-39-3-k?_gl=1%2a5u3pj7%2a_ga%2aMTQ1MTc0ODA0MS4xNjkwNTkwOTM3%2a_ga_53R24TEEB1%2aMTcwMTAxMjcxNi4yNi4wLjE3MDEwMTI3MjUuMC4wLjA.&_ga=2.118682191.759711582.1701012718-1451748041.1690590937Things are very good for what can be expected for this December, it is the end of the year , purchases are beginning to occur more frequently, it is a good time for Bitcoin to grow in price.
and according to "THE DAILY HODL" the price can exceed $40k:
Original Source:
https://dailyhodl.com/2023/11/26/crypto-analyst-predicts-rallies-for-two-ethereum-based-altcoins-updates-forecast-on-bitcoin-btc/