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New Record Highs For Bitcoin On Trump-Mania

From tickmill.com

Bitcoin broke out to fresh, all-time highs today on soaring crypto optimism ahead of Trump’s return to power later today. With the incoming resident expected to be a key supporter of the crypto industry, even launching his own $TRUMP coin last week, BTC bulls are positioning for a renewed upside run. There has been plenty of speculation over how Trump intends to support the crypto industry. At the very least, traders are expected a reversal of the strict regulatory controls put in place over the Biden administration while the prospect of a US strategic BTC reserve remains the ultimate prize. Speculative Buying In ... (full story)

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  • Category: Technical Analysis