Bitcoin (BTC) has reached a new all-time high of $93,434 for the 9th consecutive day of gains. This surge follows the release of CPI data, which showed a modest increase and sparked hopes of a potential rate cut. Analysts predict that Bitcoin could reach $100,000 in the coming week, and there are speculations that it could become the US reserve currency following Donald Trump's victory in the presidential election. Institutional investors are entering the market through ETFs, and Bitcoin's bullish momentum is visible on the charts. A brief correction is expected, with support zones at Fibonacci retracement levels. The next key targets are $94,000 and $95,000.



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