Bitcoin (BTCUSD) Price Forecast: November 12
With Bitcoin price reaching an all-time high of $80,000 today, the cryptocurrency market is speculating on the next bullish move at $100,000 for the leading crypto asset. BTCUSD is currently making positive moves and looks good for the long position at the $80,000 price level. However, the crypto is expected to continue its bullish run, and if the bulls can put more aggression and break through the $80,000 peak value, the price may rise much further. In that case, we should anticipate strong upward momentum up to the $100,000 upper resistance level, offering significant returns to other altcoins in the broader crypto market.
Key Levels:
Resistance Levels: $78,000 $79,000, $80,000
Support Levels: $52,000, $51,000, $50,000
BTC (USD) Long-term Trend: Bullish (Daily Chart)
Bitcoin market price reaches its all-time high of $80,000 and remains in a high bullish momentum in its long-term outlook. The price is strongly trading in a bullish trend and looks good for long in its higher time frame, looking nice for the long traders and signifies a buy signal. 
The pressure from the bulls with a long bullish candle to the $76,509 supply value on the 6th of November has sustained the price of Bitcoin above the supply trend levels at its all-time high.
Today, the coin investors responded to the market as the largest crypto reached its all-time high of $80,000 level above the moving average lines as the daily session begins, indicating more forces from the buy traders and potential recovery to the entire crypto market.
Given the outlook, a bullish breakout confirmation reflecting the increased market sentiment will occur if the bulls move higher and close above the $80,000 current high barrier.
Additionally, the BTCUSD market may surpass its all-time high at $80,000, as indicated by the momentum indicators signaling an uptrend. In this scenario, buyers are anticipating to follow the trend, and from a long-term viewpoint, the price of BTCUSD may soon approach the upper resistance level of $100,000 as it reaches its all-time high of $80,000 in its higher time range.
BTC (USD) Medium-term Trend: Bullish (4H Chart)
BTCUSD indicates an upward trend as it reaches its all-time high of $80,000 with a bullish sentiment in its medium-term perspective. The coin is trading above the $76,000 level and facing the overhead resistance at the recent high. 
At the writing time, the Bitcoin price reaches its all-time high of $80,000 above the resistance trend lines shortly after the commencement of the 4-hourly chart today, indicating a possible rise of over 50% from its all-time high of today. Hence, Bitcoin is showing more upside possibilities as indicated by the daily stochastic, pointing in an upward direction.
We can expect more gains and strength from the coin as the crypto reaches its all-time high of $80,000 while the bulls continue to dictate the market conditions. The pair may likely continue up north to reach the $100,000 upper resistance level in the days ahead in its medium-term perspective.
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