Bitcoin's been on a wild ride since it peaked at $73,850 in March. It got close last week, hitting $73,610, then dipped again after some US news and election jitters. We might be stuck at a crossroads for now, but I think Bitcoin could still head higher with a bit of luck. Weekly charts show some bullish signals, despite the bearish noise.
When you mention 'the USD news,' are you talking about the dollar itself or the US elections? It seems like the election's really shaking things up, especially with Trump being seen as a pro-crypto candidate. I can’t really guess what Bitcoin's price will do before the election, it’s a toss-up.
Investors are definitely on edge with the elections today. This is a big deal for crypto, as it’s being discussed more than ever. If Trump wins, I can see Bitcoin hitting new all-time highs with all that money flooding in. We really need to close above $73,850 weekly to keep the momentum.
In simple terms, if prices go a bit higher, bulls will feel secure to keep buying. But if we stall, bears will jump in and start selling, pushing prices down. It’s pretty straightforward if we don’t climb, we’ll eventually fall.
Breaking through $73,850 now seems easier, right? If we get close to $73K again, we could quickly see $80K. The elections might just give us that short-term boost. If we can stay above $69K in November, we could definitely hit $80K by December.
Honestly, if Bitcoin dips, that’s a buying opportunity. I really admire Michael Saylor for loading up on Bitcoin whenever prices drop. No clue about November though, the election could swing it either way.
We almost hit a new ATH with that FOMO last week. I thought we’d break it too! But yeah, the election news is definitely impacting us now. We’re back under $70K for the moment.
Been feeling like we’ve been at this crossroads for months since the last ATH. The upcoming US election is making things even more uncertain. It’s like a tug of war between bulls and bears right now.
It's interesting how quiet things have been leading up to the election. If Trump wins, some are predicting $90K by year's end since he supports crypto. If it goes the other way, we might see a decline.
The last ATH was at $73.8K, but with the current momentum, it feels like breaking it is just around the corner. We’re moving towards a bull market, and I think we can hit $80K this year.
Yeah, I think it’s the US news affecting the market. Just a few days ago, there were some big reports that made everything super volatile. Sentiment around the election is definitely affecting Bitcoin.
Right now, we're seeing some corrections. Maybe the market is just testing the previous ATH? If Trump wins, I bet we’ll see a jump to that $100K target everyone’s been talking about.
I don’t think it’ll go that way. If Trump wins, bears might get pushed aside and bulls could take over. But let’s not get too carried away with expectations.
I don’t see bears dominating right now. Sentiment feels bullish. It’s been volatile since the last ATH, and Trump’s potential win could kickstart a massive bull run.
Sure, it’s normal to feel uncertain when the market's sideways. But if you look at the charts, everything’s leaning towards bullish for now. We’ve hit a new ATH and it’s only a matter of time before we see $77K.