Bitcoin price hit a new all-time high above $76,850, and multiple data points suggest that the rally has room to run higher.
Bitcoin Price news
Trump’s win sparked a surge of interest in crypto, Galaxy’s CEO reportedly said.
SOL is up more than 20% this week, and data suggests that the rally will continue.
Bitcoin is inches from the most rapid gains in its latest bull market, BTC price analysis concludes.
The two whales have acquired $142 million worth of Bitcoin since Trump’s victory in the US election was confirmed, showing growing investor demand for Bitcoin.
Markets are bracing for post-election volatility, which may take Bitcoin as high as $100,000 before 2025.
BTC price targets already include $100,000, with Bitcoin traders bracing for more volatility around the Fed interest rate decision.
The future of money is the cost of consensus, and the economy of the future will usher in the next era of globalization.
Bitcoin options and futures markets display moderate optimism after a new BTC all-time high, which could be indicative of new price highs.
A boost in Bitcoin’s spot volumes and a classic chart pattern hint that $110,000 could be the next stop for BTC price.