News / BUS Articles
Bitcoin Range Bound?
Bitcoin Range Bound?
November 30, 2024
or is this a setup for move higher into the end of the year?
11/30/2024
Bitcoin continues to be range-bound. Following the presidential election, Bitcoin surged dramatically, reaching as high as $99,860. However, since then, it has not been able to breach that level.
Could this be a time of accumulation? From a chart pattern perspective, it very well might be. The Daily Price Range Projections showed a widening of the ranges as of yesterday's close. As we head into the end of the year, I am expecting more bullish moves, in line with the overall equity markets.
Today's Bitcoin Price Range Projections:
* Low End: $72,164
* High End: $108,294
Share this article:
More in BUS Articles:
December 2024 PPI Report
Inflation Eases But Rate Cuts Remain Uncertain
Inflation Eases But Rate Cuts Remain Uncertain The Producer Price Index (PPI) showed modest growth in December 2024, rising just...
Trent Grinkmeyer
January 14, 2025
Market Stumbles as Strong Jobs Data Dampens Rate Cut Hopes
Wrong & Rich Stock Trade Ideas
Wrong & Rich Stock Trade Ideas The first trading week of 2025 served up a stark reminder that market narratives...
Trent Grinkmeyer
January 12, 2025
Agentic AI: Transforming Industries Through Autonomous Intelligence in 2024
Understanding Agentic AI
Understanding Agentic AI Agentic AI represents a revolutionary advancement in artificial intelligence, combining autonomous decision-making capabilities with sophisticated data analysis...
Trent Grinkmeyer
December 14, 2024
What is Best of Us Investors?
Building Wealth Through Knowledge and Community A Vision Rooted in Experience and Purpose Best of Us Investors is more than...
Bitcoin Range Bound?
December 14, 2024
Breaking Barriers: Elon Musk's xAI Supercomputer Reshapes the AI Landscape
xAI Supercomputer
xAI Supercomputer In the ever-evolving world of artificial intelligence, we've just witnessed a breakthrough that many experts deemed impossible. Elon...
Trent Grinkmeyer
December 10, 2024
