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Bitcoin Rallies on Election Day

Bitcoin has started to rally overnight, and has briefly traded above $70k this morning. I have been posting about a post-election rally, I think we are likely to see new all time highs within the next days or weeks. I think we still have 1 red month in 2024 so either Nov. or Dec. will be red. However, next year we should see a lot of upside throughout the year and a strong Q1 performance for Bitcoin and the crypto market.

After 6 consecutive red days for BTC, I think we are finally forming a successful reversal today. BTC needs to break above $73.7k to reach new all time highs and continue the rally.

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