Avinash Shekhar, the CEO of the Indian cryptocurrency futures exchange Pi42, believes that Bitcoin (BTC) is poised for a bullish breakout, potentially reaching $72,000 in the near term. In an interview with Decrypt, Shekhar cited the improving chances of former US President Donald Trump winning the next election as a key factor driving the bullish sentiment. He noted that Trump's policies are generally seen as more favorable to the cryptocurrency industry, and his potential return to office could boost investor confidence. Shekhar also emphasized the importance of holding the $66,500 support level, as a break below this point could trigger further selling. However, he remains optimistic about the long-term prospects for BTC, stating that he expects it to eventually reach $100,000.