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3 reasons why traders expect Bitcoin to retake $60K before November ends -Breaking

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© Reuters.

After the () price, sentiment in cryptocurrency markets grew.BTCThe ) surged to above $58,000, in a long-awaited movement that revitalized traders who were anxiously waiting for an uptrend.

BTC/USDT 4-hour chart. TradingView

Here’s a look at what analysts and traders are saying about Nov. 29’s price action and whether or not Bitcoin is likely to reclaim the $60,000 level.

4-hour chart. Source: Twitter
BTC/USD 1-month chart. Source: Twitter