Bitcoin (BTC) Price Just 10% Away From Reaching $100,000 Milestone

BE[IN]CRYPTO11-15

BTC gains 21.70% in 7 days, supported by robust DMI and EMA indicators, showcasing exceptional trend strength and bullish momentum. NUPL metric at 0.62 signals market confidence, still below "Euphoria...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin (BTC) Price Just 10% Away From Reaching $100,000 Milestone\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-15 00:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://beincrypto.com/bitcoin-btc-price-reaching-100000/><strong>BE[IN]CRYPTO</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BTC gains 21.70% in 7 days, supported by robust DMI and EMA indicators, showcasing exceptional trend strength and bullish momentum.\nNUPL metric at 0.62 signals market confidence, still below \"Euphoria...</p>\n\n<a href=\"https://beincrypto.com/bitcoin-btc-price-reaching-100000/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://beincrypto.com/bitcoin-btc-price-reaching-100000/","article_id":"2483815463","we_media_id":null,"thumbnails":["https://beincrypto.com/wp-content/uploads/2024/11/bic_bitcoin_bullish_positive_market_up-3-850x478.png"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483815463","pubTimestamp":1731600000,"sourceInfo":{"source_id":"beincrypto_highlight","name":"BE[IN]CRYPTO"},"weMediaInfo":null,"summary":"BTC gains 21.70% in 7 days, supported by robust DMI and EMA indicators, showcasing exceptional trend strength and bullish momentum.NUPL metric at 0.62 signals market confidence, still below \"Euphoria - Greed\" levels, leaving room for growth before possible corrections.BTC's $100K milestone is within reach, with key support at $85K and $78.4K; traders should stay cautious of potential pullbacks.Bitcoin’s  price has surged by 21.70% over the past seven days, repeatedly reaching new all-time highs. Currently, BTC is roughly 10% below the $100,000 milestone, with the uptrend showing exceptional strength, as indicated by technical markers like the DMI and EMA lines.With market sentiment shifting into a phase of growing confidence but not yet reaching euphoria, there is still room for growth before potential corrections. However, while momentum remains positive, traders should stay cautious of possible retracements as Bitcoin moves toward this significant milestone.Bitcoin’s EMA lines are cu","collect":0,"end_time":0,"defaultTopTitle":"beincrypto.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","ADX":"亚当斯快递","BK4594":"比特币ETF概念","BK4585":"ETF&股票定投概念","BTC":"Grayscale Bitcoin Mini Trust"},"translate_title":"比特币(BTC)价格距离达到100,000美元里程碑仅10%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ADX":1,"BTC":1},"content_text":"BTC gains 21.70% in 7 days, supported by robust DMI and EMA indicators, showcasing exceptional trend strength and bullish momentum.\nNUPL metric at 0.62 signals market confidence, still below \"Euphoria - Greed\" levels, leaving room for growth before possible corrections.\nBTC's $100K milestone is within reach, with key support at $85K and $78.4K; traders should stay cautious of potential pullbacks.\n\nBitcoin’s (BTC) price has surged by 21.70% over the past seven days, repeatedly reaching new all-time highs. Currently, BTC is roughly 10% below the $100,000 milestone, with the uptrend showing exceptional strength, as indicated by technical markers like the DMI and EMA lines. \nWith market sentiment shifting into a phase of growing confidence but not yet reaching euphoria, there is still room for growth before potential corrections. However, while momentum remains positive, traders should stay cautious of possible retracements as Bitcoin moves toward this significant milestone.\nBitcoin’s Current Uptrend Is Very Strong\nThe BTC DMI chart highlights Bitcoin’s strong uptrend. The Average Directional Index (ADX) is currently at 48, signaling significant trend strength. The ADX is a tool that measures how strong a trend is—values above 25 suggest a strong trend and anything above 40 is considered very strong. \nA few days ago, the ADX was nearing 60, indicating that the uptrend was even more powerful then.\nBTC DMI. Source: TradingView\nThe Directional Movement Index (+DI and -DI) further clarifies this trend’s direction. With +DI at 30.37, the data indicates a prevailing upward movement, while the -DI at 13.67 suggests weaker selling pressure. This combination shows that buyers currently have a firm upper hand over sellers, reinforcing Bitcoin’s bullish momentum. \nThe difference between these values supports the overall strength of the current uptrend, suggesting that bullish forces are still dominating the market despite the recent surge.\nBitcoin NUPL Is Still Far From Euphoria\nBitcoin’s NUPL (Net Unrealized Profit/Loss) metric currently sits at 0.62, placing it in the “Belief – Denial” stage. NUPL measures the total unrealized profit or loss of all Bitcoin holders, helping to identify the broader sentiment in the market. \nAt 0.62, market sentiment has moved from cautious belief to growing confidence but not yet reaching extreme optimism.\nBTC NUPL. Source: Glassnode\nDespite being in the “Belief – Denial” stage, the NUPL level is still significantly below 0.7, the threshold for “Euphoria – Greed.” Historically, this next level has marked a period when Bitcoin often faces strong corrections as market sentiment shifts toward unsustainable greed. \nWith the current NUPL value below this critical threshold, the BTC price can still grow before reaching levels typically associated with overheating. \nBTC Price Prediction: Will BTC Reach $100,000 In November?\nBitcoin’s EMA lines are currently showing a very strong bullish setup, with the price sitting above all of them and short-term EMAs positioned above the long-term ones. \nThis alignment is a classic indicator of a well-supported uptrend, suggesting that momentum is in favor of further gains. \nBTC Price Analysis. Source: TradingView\nBTC’s price is also just roughly 10% below the historic $100,000 mark, and, given the trend’s current strength and supportive metrics like NUPL, reaching this milestone seems possible in the near future. However, corrections are always possible before a new all-time high is established. \nIf the trend loses strength, Bitcoin price could face a retracement, potentially testing key support levels at $85,000 and $78,400. \n\n\n\n\nTop crypto projects in the US | November 2024\n\n\n\nCoinbase\nExplore\n                      \n\n\n\n\n\nCoinrule\nExplore\n                      \n\n\n\n\n\nUphold\nExplore\n                      \n\n\n\n\n\n3Commas\nExplore\n                      \n\n\n\n\n\nChain GPT\nExplore\n                      \n\n\n\n\n\n\n\n\nTop crypto projects in the US | November 2024\n\n\nCoinbase\n\n\n\n\n\n\n\n\nCoinrule\n\n\n\n\n\n\n\n\nUphold\n\n\n\n\n\n\n\n\n3Commas\n\n\n\n\n\n\n\n\nChain GPT","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483815463"}