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Bitcoin shows bullish momentum hinting at a potential $100,000 breakout scenario.

Technical Signals
02 Nov 2026, 06:11 WIB
Tokenpost
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Bullish
Bitcoin shows bullish momentum hinting at a potential $100,000 breakout scenario.

Bitcoin's weekly chart reveals a pattern of bullish divergence where momentum strengthens despite a lower price low, similar to a previous cycle before a sharp price breakout. This pattern suggests a conditional scenario where Bitcoin could reach $100,000 if it breaks resistance near $80,000, though this is not guaranteed. The current setup differs from previous analyses by focusing on momentum divergence rather than a double bottom. Investors should watch for a breakout as a key signal for potential price gains.

Bitcoin chart analysis is the subject, with Pluang market data providing context for cryptocurrency trends. As of Nov 02, 2026 10:21 WIB, 20 of 50 major cryptocurrencies rose while 29 fell. Notable movers include MANA at Rp1.368 with a 2.09% gain and LINK at Rp205.061 with a 2.48% loss.

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