Bitcoin maintaining above $85,000 improves the price prospects for SOL, AVAX, SUI, and NEAR.
Bitcoin (BTC) continued its up move, rallying more than 12.5% this week. It is not that the bears gave up easily. They tried to start a pullback on Nov. 14, but the bulls held their ground. The price has been trading in a tight range near the all-time high, improving the prospects of an upside breakout.
CryptoQuant contributor Darkfost said in a market update that Bitcoin whales have not stopped buying even with the price around $90,000, and “most are holding, which is a sign of confidence in the market.”
Crypto market data daily view. Source: Coin360
