Accurate prediction: Trump wins election, BTC hits new peak at 75 - 78k

As previously stated, the event of Trump being elected president has created a momentum that pushes BTC to new heights, reaching the milestone of 75 - 78k. However, I believe this is mainly a FOMO effect from the market in response to this major news. The current high price of BTC is primarily due to the short-term excitement of investors.

After the FOMO momentum cools down, I predict BTC will return to the range of 70 - 71k to stabilize. This correction will help the market return to a balanced state and will create new opportunities for buying strategies after a period of strong volatility.