Bitcoin, Ethereum Open The Week Relatively Flat, Dogecoin Moves Higher, Trader Marks $91,000 As Key BTC Level To Prevent 'Cool Off'
Bitcoin, Ethereum Open The Week Relatively Flat, Dogecoin Moves Higher, Trader Marks $91,000 As Key BTC LCryptocurrency markets are trading relatively flat, with Dogecoin seeing rising momentum. CryptocurrencyPrice Gains +/-Bitcoin BTC/USD $90,765.13+0.7%Ethereum ETH/USD $3,133.91+0.9%Solana SOL/USD$236.42-0.2%Dogecoin DOGE/USD $0.3681+1.9%Shiba Inu SHIB/USD $0.00002437 -2.6%Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 16.2% and daily active addresses falling by 12.4%. Transactions greater than $100,000 are down from 9,207 to 8,261 in a single day. Exchanges netflows are down by 38.3%. Coinglass data reports 124,438 traders were liquidated for $349.60 million. Billionaire Paul Tudor hedge fund holds $230 million worth of BlackRock’s spot Bitcoin ETF. Notable Developments: Bitcoin Buyer Spree: MicroStrategy Acquires $4.6B In BTC, Metaplanet Issues $11.4M In Bonds To Fund Purchases EXCLUSIVE: Binance CEO Richard Teng Says 2025 Will Outshine 2024 For Crypto Tidus Wallet Brings Wormhole Integration For Ethereum-Solana Transfers Gita Gopinath Of IMF Alarmed By Crypto And AI Energy Use, Says Share Expected To Match Japan’s Current Power Consumption In Just 3 Years Man Who Facilitated Bitcoin Laundering Worth Over $300M Sentenced To 3 Years In Prison Top Gainers: CryptocurrencyPrice Gains +/-Tezos XTZ/USD $1.21+53.3%Hedera HBAR/USD $0.1241+41%Theta Network THETA/USD $1.72+19%Trader Notes: With Bitcoin prices trading relatively flat, Altcoin Sherpa sees Bitcoin continuing to have “mini consolidations.” He believes Bitcoin will continue without much pullback as it has consolidated for months. It is now "time to go." CryptoCon predicts Bitcoin's monthly RSI bull run has arrived with two major tops remaining. The trader says there is lots of room to grow. The #Bitcoin Monthly RSI bull run is here, with two major tops to go.March 2024 at first glance may look like a topping point in overbought territory, but it's a mirror of 2017… resistance at All Time Highs.This indicator is simple and effective. What's the point here?… pic.twitter.com/l4cb7jGY5G— CryptoCon (@CryptoCon_) November 18, 2024Crypto trader Blackwidow predicts if Bitcoin cannot break and hold $91,000, there is a possibility of "a cool off before continuation end of the year or early 2025." He sees a mania phase in 2025. Crypto chart analyst Ali Martinez explained that Bitcoin surged 26% after breaking its all-time high of $19,700 in 2020. It consolidated for a week and then spiked to $40,000. He is predicting a repeat in history as BTC has risen 28% since surpassing its previous ATH and has been consolidating for six days. In 2020, after #Bitcoin broke its previous all-time high of $19,700, it surged 26%, consolidated for a week, then jumped to $40,000.Fast forward to today: $BTC has risen 28% after surpassing its previous ATH and has been consolidating for the past six days. History might be… pic.twitter.com/fuKygwla6x— Ali (@ali_charts) November 18, 2024What’s Next: The influence of Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga’s upcoming Future of Digital Assets event on Nov. 19. Read Next: Bitcoin To $100,000 ‘Seems Around The Corner,’ Bulls Are ‘On The Right Side Of History’—Bernstein Image: Shutterstock Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.