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.
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