It’s completely normal for such a pause to occur after a staggering $20,000 price surge in just a week, shattering previous lifetime peaks. Such pauses typically recharge bulls’ engines for the next leg higher and traders in the options market are positioning for a breakout to $110,000-$120,000, according to data shared by QCP Capital.
U.S. CPI Meets Estimates, Rising 0.2% in October; Bitcoin Moves Above $89K
November 14, 2024
No Comments
