Bitcoin is making waves again, hitting a new high of $75,397 on Binance, fueled by speculation around Donald Trump's potential return to the White House. Market watchers are now focused on key support levels, like the 200-day simple moving average and short-term holder cost basis, to see if the bull run can hold up against selling pressures. Liquidity data shows strong interest at $73,000, with bids extending down to $70,000. Analysts remain cautious, suggesting a possible dip to the mid-$60,000s before a recovery, as election-driven volatility shakes the market.