PANews reported on November 14 that according to The Block, since the US presidential election, Bitcoin has risen to a new high of over $93,500. Some large miners took the opportunity to sell some Bitcoins for profit, and about 2,000 Bitcoins were sold last week. However, CryptoQuant analysts believe that Bitcoin is still undervalued, valuation indicators do not show that it is overvalued, and market demand is growing and liquidity is improving, and it is expected to hit $100,000 soon.