CandleFocus

Bitcoins hits new record high above $94K, signals continuation of larger uptrend

Bitcoin reached a new all-time high of over $94,000 on Wednesday, as investors anticipate more favorable conditions for cryptocurrency under the incoming Trump administration. This surge follows a consolidation period and indicates a continuation of the upward trend. The overall sentiment remains positive, and there is speculation that Bitcoin could become a fundamental part of the national economic strategy. However, the cryptocurrency still faces obstacles, with the next resistance level at $100,000.

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