"The No. 1 Enemy in the Cryptocurrency Circle" will resign. Bitcoin's breakthrough of $100,000 is just the beginning!

On the day when Gensler announced his resignation, Bitcoin hit a new record high and was about to break through $100,000. On Thursday, Bitcoin, the largest digital asset, rose 3.6% at one point, and Bitcoin briefly climbed to a record high of $99,000 in the US market. Since Trump won the election on November 5, the entire cryptocurrency market has risen by about $1 trillion.

As the current US government's rising debt level is driving asset prices across the board, Bitcoin has become one of the few assets that can continue to outperform monetary inflation. Most people expect a crash...but in reality, there has been a kind of 'reverse crash, the price has risen too fast! In the current environment, what needs to be overcome is not inflation, but the real currency depreciation rate

Trump positions himself as the "Bitcoin President", which may push the United States to adopt strategic Bitcoin reserves, which will trigger "games" and lead to "sovereign FOMO (fear of missing out)" in other countries. If the United States does this, G7 and G20 countries will be affected... Other countries have begun to pay attention to this matter and started to buy Bitcoin. This move undoubtedly brought great upward momentum to the price of Bitcoin!

From the technical structure, the weekly K has been rising for four consecutive days, and the big Yang column has soared to the sky! The bullish trend is self-evident. In the daily level, the currency price has been rising all the way. Although there are signs of a short-term negative closing during the period, the overall withdrawal strength is indeed unsatisfactory. Most of the time, it still maintains the rhythm of falling instead of falling. Moreover, the bull market has no top. After the correction and consolidation on Saturday and the weekend, the trend next week will still maintain a big Yang rush and strongly break through the 100,000 mark!

Mid-term layout: $BTC $ETH $SOL

Relying on the key support of 97000-95500 area below, the first target is 100000 mark! Break through to 102000! #ETH市场新动向 #美国众议院通过比特币法案 #谁将成美SEC新主席？ #BTC创历史最大月度涨幅 #比特币突破10万？