Bitcoin Forecast, 18-11-2024

Greetings to you on the crypto site. My name is Viktor and today I will share my opinion about #bitcoin, #btc-usdt, using the TradingView service, here Bitcoin Forecast for the Week of 18-11-2024

Bitcoin Forecast

An article on indicator analysis, liquidation charts and market psychology for Bitcoin investors. Find out when it is better to buy or sell to get the most out of your investment.

Bitcoin Price

This article examines the possibility of Bitcoin rising to $130,000–$160,000. Based on technical indicators and market sentiment, the realism of this scenario is analyzed. Investors are encouraged to use a trend reversal calculator, which allows you to independently analyze market trends and make informed investment decisions.

Key indicators and liquidation chart
As of today, the Bitcoin Fear and Greed Index has reached 83, indicating increased buyer activity. Technical analysis confirms the growth in demand: most investors are in the buying mood, and only a small proportion are selling.

The liquidation chart shows the accumulation of liquidity at $90,000 and $92,000, which may support a further increase in Bitcoin’s value. This is a useful tool for investors who want to accurately predict market fluctuations.

Gold and Capital Movement
The situation with gold is also important. When its price decreases, part of the capital often flows into cryptocurrencies. The video shows how the first red candles for gold can signal a potential rise in Bitcoin. It is recommended to take this factor into account when planning assets, as the growth of interest in Bitcoin can affect its further increase in value.

Conclusion
This video presents tools and indicators that help to better navigate the Bitcoin market processes. Liquidation charts, the Fear and Greed Index, and gold analysis are valuable for assessing market prospects. Using these tools allows investors to make informed decisions and avoid possible risks.

Source: YouTube