Bitcoin price struggles to overtake $100,000, but the predictable price action is creating a path forward for many altcoins.
Bitcoin (BTC) rose above $98,500 on Nov. 29, indicating that the bulls remain on track to push the price above the psychologically crucial level of $100,000. CryptoQuant contributing analyst Caueconomy said in a post on X that Bitcoin whales bought roughly 16,000 Bitcoin during the dip on Nov. 26.
Along with Bitcoin, traders are also focusing their attention on Ether (ETH). A Bybit spokesperson told Cointelegraph that their analysts expect Ether to hit $4,000 before Jan. 20, when President-elect Donald Trump takes office.
Crypto market data daily view. Source: Coin360
