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Bitcoin Enters Price Discovery Mode, Targeting $88.8K as Bull Trend Shows No Signs of Slowing Down
Bitcoin Enters Price Discovery Mode, Targeting $88.8K as Bull Trend Shows No Signs of Slowing Down
Nov 10, 2024 pm 03:54 PM
Bitcoin is on a record-breaking run, reaching new all-time highs for three consecutive days following Donald Trump's victory in the US election and a
Bitcoin price hit a record high for three days in a row following Donald Trump’s victory and a recent rate cut.
Top crypto analyst Daan highlighted a technical analysis, suggesting that BTC is now in price discovery mode with potential further upside to the $88,800 mark.
As Bitcoin rallies to new highs, the current bull trend appears to be in its early stages. Analysts and investors are keeping a close eye on BTC’s price action.
Bitcoin price rallied to a new all-time high on Monday, continuing its record-breaking run. The price surged past the key resistance at $73,800, reaching highs of $76,400.
Bitcoin price is consolidating at the $76,400 mark after an aggressive surge over the past week. Bulls are firmly in control, and the price has managed to break above previous all-time highs.
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