Bitcoin hits another fresh record high
Bitcoin trades higher at $86,976 (+7.88%) after hitting another fresh record high of $88,480 earlier this morning.
Looking at what comes next - after BTC struck a high just below $74,000 in mid-March, it then spent the next seven months winding up as tight as a spring.
The election of the “pro crypto” Donald Trump last week was the trigger for the spring to uncoil and with the force of momentum behind it - a move into the low $90’s appears likely.
We would also expect to see some rotation into coins like ETH which is trading about 17% below its YTD high.
Looking at what comes next - after BTC struck a high just below $74,000 in mid-March, it then spent the next seven months winding up as tight as a spring.
The election of the “pro crypto” Donald Trump last week was the trigger for the spring to uncoil and with the force of momentum behind it - a move into the low $90’s appears likely.
We would also expect to see some rotation into coins like ETH which is trading about 17% below its YTD high.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.