Bitcoin (BTCUSD) Price Forecast: November 21
Today, Bitcoin’s price is experiencing a significant rise. The crypto gave a bullish breakout from $90,000 to its new all-time high of $92,000, suggesting buyers are making a recovery attempt. Consequently, if the cryptocurrency’s price remains above the $92,850 current high mark, the possible rally could accelerate to the eagerly awaited $100,000 upper resistance level, fueling the next crypto bull run.
Key Levels:
Resistance Levels: $91,000, $92,000 $93,000
Support Levels: $50,000 $49,000, $48,000
BTC (USD) Long-term Trend: Bullish (Daily Chart)
The long–term chart of BTCUSD shows that the price is experiencing a rise. The coin price is above the moving average making higher highs and higher lows, indicating an uptrend. The upward trend will likely continue following the bull’s increasing volume as Bitcoin rallies towards $100k.
The potential for bullish continuation rises today as the bulls swing to the $92,850 high mark above the EMA-50 as the daily session opens today, suggesting the crypto is experiencing a rise as new traders challenge their relevance amid market trends.
Therefore, if the bulls could increase their tension in the market, the price of Bitcoin will reach the desired and eagerly targeted $100k, fueling the upcoming bull run.
Meanwhile, further upsides are likely as the BTCUSD price signal is pointing upward, suggesting the crypto may continue with the bullish trend pattern and likely hit the targeted $100k all-time high in the days ahead as the coin price is currently experiencing a rise in the long-term outlook.
BTC (USD) Medium-term Trend: Bullish (4H Chart)
Despite the interference of the short traders, the Bitcoin price is experiencing a rise on the medium-term chart. The price currently trades above the EMA-50 making higher highs and moving towards the major upper resistance area. 
The momentum increase by the bulls to the $91,726 supply value in the last action has made the BTCUSD market go long and retain its bullish strength lately.
The coin price is experiencing a rise, as it surges to a new all-time high of $92,850 above the EMA line, showing intraday gains. This shows the high impact of the buy investors on the coin market; likewise, the downside risk remained uncertain.
Notably, the Bitcoin price is experiencing a rise and may continue, as shown by the daily signal pointing upwards. As Bitcoin approaches the eagerly awaited $100k mark, we expect the upward rally to reach the $95,000 upper resistance trend line soon in its medium-term outlook.
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