Analyst: Bitcoin's upward momentum is strengthening, bullish outlook is clear
As the results of the U.S. election become clearer, Bitcoin prices have risen sharply. Trump's lead in opinion polls has driven Bitcoin prices to a new historical high. Momentum indicators show bullish prospects, with the Relative Strength Index (RSI) on the daily chart rebounding from neutral levels, signaling an increase in upward momentum. If Bitcoin closes above its all-time high, it could pave the way for it to target $78,777.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocks
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level
Data: Ethereum staking rate reaches 28.65%, Lido market share at 24.12%