13 Nov 2021

Bitcoin news - Bitcoin price, all time high and analysis

Bitcoin news - Bitcoin price, all time high and analysis

There are many discussions lately from the bitcoin internet gurus about when and if bitcoin will manage to reach the $100K level till the end of 2021.

We can all understand the fun and the excitement of this game, but let's see some real bitcoin numbers.

Last week (7-13 Nov. 2021) bitcoin reached to new all time high, around $69030. A healthy retracement is possible, while for the time (13Nov) bitcoin price is around $63667.

Our favourite mr.Fibonacci level of 23.6% is at $61990, 38.2% is at $57900 and 50.0% is at $54267.

200 EMA is approximately at $48210, 100 EMA at $53510 and 50 EMA at $58500.

Checking the prices after the bull top of around $20K at 2017-2018, bitcoin price had the below milestones:
-Reaching $20K at the beggining of December 2020.

-End of December 2020 and start of January 2021, the price flew over $30K, and at the 1st week of 2021 it reached $40K.

-Middle of February2021, it reached $50K, and reaching but not closing above $60K the second week of April.

-Then, during May 2021, followed a massive drop to $33600, even reaching $28320.

-Then, consolidation till the last week of July where the Road-Runner started from $34490, till end of August 2021 where price was approximately at $51690. Then a small correction, and from end of September 2021 price from 48550$ reached to new all time highs at the 2nd week of November.

Quite a puzzle...entering 2021 at $28900 and being at $63780 at the middle of November.

The ultimate goal for bitcoin is not to reach $100K till the end of 2021, $300K during 2022, or one million per coin.
The mission is global adoption and a new financial world.