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.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.