This article is about blockchain, trading, and technology news. Here’s the summary:

Bitcoin is not showing signs of “overheating” despite reaching new highs this week. Galaxy Research President Alex Thorn said that fundamental indicators suggest Bitcoin could rise even higher. Nansen analyst Aurelie Barthere said that Bitcoin’s recent all-time highs following the election were a sign of continued positive momentum. Barthere added that investors have turned to risk-taking following Trump’s election victory, reflecting the rise in the crypto market.

Bitcoin’s funding rate remained largely unchanged despite the price increase. Thorn noted that Bitcoin futures open interest reached yearly highs, while funding rates remained stable. This suggests that investors are optimistic about Bitcoin’s price. Technical analysis predicts that Bitcoin could rise to between $78,000 and $85,000.

Do you think Bitcoin’s rally will continue? Share your thoughts in the comments.