BTC rate: what are the analysts saying?

The BTC is currently trading at around $ 13,510, a slight change from yesterday. Where is Bitcoin headed after last month’s increase of almost 30%? The current situation on the BTC marketBitcoin (BTC) fell from $ 13,737 to $ 13,550 during yesterday’s session, a change of $ 187 or 1.4%, according to CoinMarketCap data. At the time of publication, the price of BTC is $ 13,510, approximately a 0.1% drop during the day and 2% from the beginning of November.
The slight decline followed last month’s increase of 28%, which ended on Saturday with a 33-month high of $ 14,028. Interestingly, it happened exactly 12 years after the Bitcoin white paper was published by its creator – Satoshi Nakamoto.
It seems that the temporary drop in prices did not affect the sentiment among cryptocurrency users. Optimism in the BTC market remains high – it follows from the Crypto Fear & Greed Index, which continues to signal greed.
Chart for the Bitcoin cryptocurrency (BTC). Range: 7 days. Source: coinmarke

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