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Price predictions 11/7: BTC, ETH, BNB, XRP, SOL, DOGE, ADA, HYPE, LINK, ZEC
Bitcoin has risen above $101,000, indicating that the bulls are aggressively defending the $100,000 support. Several analysts say that BTC may bottom near $100,000, but Bloomberg analyst Mike McGlone said in a post on X that BTC could collapse to $56,000. However, not everyone is bearish on BTC. JPMorgan analysts said in a report that BTC is trading below its fair value based on the bitcoin-to-gold volatility ratio. The analysts project BTC to rally to about $170,000 over the next six to 12 months. Another positive for BTC could be the strong underlying demand for BTC exchange-traded funds (ETFs). Brokerage giant ... (full story)
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Over the past day, the crypto market has lost the 1% it gained the previous day, reverting to $3.4 trillion, the level of local lows that served as resistance in the middle of the year. Bitcoin has managed to stay above $100K, with an apparent increase in buying as it approaches this psychologically important round level. Moreover, BTC continues to hover ...
From dailyforex.com | Nov 7, 2025
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From thestreet.com | Nov 7, 2025
November began on a red note for Bitcoin (BTC), with prices having cooled from recent highs. After reaching an all-time high of $126,000 in October, BTC momentarily fell below the $100,000 mark. Some analysts view it as a healthy correction after a parabolic rally earlier this year. While Ark Invest CEO Cathie Wood remains extremely bullish" on Bitcoin, ...