Bitcoin (BTC• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin)
Price Just
10% Away From Reaching $100,000
Milestone
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin 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.
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• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin moves toward this significant
milestone.
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin s Current Uptrend Is Very Strong
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The BTC DMI chart highlights Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » 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.
A few days ago, the ADX was nearing 60, indicating that the uptrend was even
more powerful then. BTC DMI. Source: TradingView
The 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• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s bullish momentum .
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The 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.
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin NUPL Is Still Far From Euphoria
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’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• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin holders , helping to identify
the broader sentiment in the market.
At 0.62, market sentiment has moved from cautious belief to growing confidence
but not yet reaching extreme optimism. BTC NUPL. Source: Glassnode
Despite 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• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin
often faces strong corrections as market sentiment shifts toward unsustainable
greed.
With the current NUPL value below this critical threshold, the BTC price can
still grow before reaching levels typically associated with overheating.
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BTC Price Prediction: Will BTC Reach $100,000 In November?
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’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.
This alignment is a classic indicator of a well-supported uptrend, suggesting
that momentum is in favor of further gains. BTC Price Analysis. Source:
TradingView
BTC s price is also just roughly 10% below the historic $100,00 0 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.
If the trend loses strength, Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin price could face a retracement,
potentially testing key support levels at $85,000 and $78,400.
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