Bitcoin (BTC) Price Prediction for November 29

The market remains bullish despite sellers' pressure, according to CoinStats.

BTC/USD

The price of Bitcoin (BTC) has gone up by 3.36% over the last day.

On the hourly chart, the rate of the main crypto keeps growing after the breakout of the resistance level. If the daily bar closes near $98,000 or above, growth is likely to continue to the $99,000 range.

On the bigger time frame, one should focus on the level of $99,121. If the price reaches that mark, there is a possibility of seeing a resistance breakout, followed by a move to the $100,000 area.

From the midterm point of view, the price of BTC is on its way to testing the $99,800 level.

If growth continues to that mark until the end of the week, traders may witness a new all-time high soon.

Bitcoin is trading at $98,018 at press time.