Bitcoin reaches new all-time high of $91,945 as bullish momentum continues

Bitcoin's price surged past $70,000 on November 5, then $80,000 on November 10, and reached a new all-time high of $91,945 on November 12. This marks a significant increase from the previous day's high of $90,243. Support levels are now set between $89,643 and $90,243, which are key swing highs from earlier in the week. The 50-hour moving average is currently at $87,504, providing a more conservative support level. The rapid rise in Bitcoin's price has traders watching closely for any potential shifts. A drop below the moving average could signal changes in market momentum.