BTCUSD News Today, Nov 17: Bitcoin Approaches Bullish Reversal at Key Fibonacci Level

Bitcoin, currently trading at $95,663.59, is at a turning point as it reaches the 61% Fibonacci retracement level. This technical marker often signals a potential bullish reversal, leading investors to speculate on future price movements. With Bitcoin’s transaction volume surging to 308 million and a year-to-date increase of over 11%, market dynamics are shifting fast. Let’s explore how these factors influence Bitcoin price prediction today.