🚀 Bitcoin enthusiasts, rejoice! BTC has smashed through its previous records, soaring to a jaw-dropping $90K! This exhilarating rally comes hot on the heels of a Federal Reserve rate cut and President Trump's re-election, sparking a risk-on frenzy in the market. 📈
On the technical front, Bitcoin's daily chart shows a bullish market structure, highlighted by a Golden Cross, signaling strong upward momentum. However, after such a meteoric rise, a corrective phase might be on the horizon, with key support levels around $74K-$70K.
Meanwhile, miners are cashing in on the high prices, adding selling pressure. As BTC navigates this thrilling ride, will it hit $100K or take a breather below $80K first? Stay tuned!