Bitcoin (BTC) recently reached a new all-time high of $93,434 on November 23, 2024, marking a significant milestone for the flagship cryptocurrency. This achievement follows nine days of consecutive record-breaking price increases.
Despite this milestone, Bitcoin is currently experiencing resistance at the $92,600 level. However, the cryptocurrency has shown resilience by maintaining a stable position above $91,500.
The ongoing support for Bitcoin raises questions about its potential to hit the $100,000 mark, especially with potential backing from the US.
