Crypto Analyst's Bold Bitcoin Prediction: $170K Target After Trump Rally

This Crypto Analyst Correctly Predicted The Bitcoin Price Rise To $75,000

According to NewsBTC, a crypto analyst known as TradingShot accurately predicted the rise of Bitcoin's price to an all-time high (ATH) of $75,000. This surge was largely driven by market sentiment surrounding the US elections. Now, this same analyst has set a new target for Bitcoin at $170,000 based on historical trends and Fibonacci levels.

The analysis suggests that after testing significant support levels not seen since 2013, Bitcoin is poised for further growth. Market expert Crypto Rover highlights past election cycles where similar rallies occurred post-elections in 2016 and 2020 with substantial gains following Trump's victories.

Bitcoin Steadies Near $75k As Trump Victory Sparks Rally

Investing.com reports that Donald Trump's victory in the presidential election has sparked optimism within cryptocurrency markets. Following his win, Bitcoin steadied near its recent peaks around $74,794 while other altcoins also experienced gains despite still trading below their record highs from previous years.

The rally cooled slightly as attention shifted towards upcoming Federal Reserve decisions regarding interest rates, which could influence future asset movements including cryptocurrencies like Ethereum and Solana, among others experiencing notable increases recently too according to Investing.com's coverage.

Crypto Prices Today: BTC Tops $76K After Trump’s Win

A report from CoinGape reveals how major cryptocurrencies have maintained bullish momentum amidst investor confidence boosted by political developments, such as President-elect Donald Trump's pro-crypto stance promising favorable regulations if elected again into office soon enough! While most coins saw positive movement during these times, notably, Dogecoin fell significantly against broader market sentiments due primarily perhaps because it had been overbought prior already.

Bitcoin All-Time High Arrived Right On Time—Here's Why

An article published via Decrypt explains why exactly we witnessed another ATH moment just now when looking back historically speaking about what typically happens every four years following each halving event. Built directly onto blockchain technology itself, ensuring limited supply remains constant throughout time, thus driving demand upwards naturally over time, especially given current economic conditions globally today!

Bitcoin Surges To Fresh High Above $76,000 After Trump Secures Victory

A Forbes piece discusses how experts attribute recent surges across various digital currencies specifically tied closely together alongside news related directly involving the former president returning once more, potentially leading the nation forward toward becoming a true powerhouse within the industry overall, thanks largely in part to personal enthusiasm shown repeatedly before even launching his own coin previously mentioned earlier, elsewhere online sources confirm similarly aligned perspectives shared widely amongst community members alike everywhere else worldwide right now too apparently so far anyway...

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