Bitcoin Rally Continues! 🚀
Recent U.S. election results boost market confidence, as traders anticipate favorable policy shifts. $BTC set another ATH of $76,460, and now is still above $75,000!
Technical Indicators:
🔸Relative Strength Index (RSI): Now around 68, pointing to strong momentum with slight overbought signals.
🔸MACD: Positive at 1981 vs. a signal line at 1659, suggesting sustained upward pressure.
🔸Awesome Oscillator (AO): Positive movement, reinforcing the bullish trend.
📊 Market Sentiment: The Crypto Fear & Greed Index shows “Extreme Greed” at 77, indicating high confidence among traders - but also a caution for potential corrections.
Could Bitcoin be gearing up for new heights? It's likely, but we must await the inauguration day on January 10, 2025, for Donald Trump to officially take office and begin enacting his pro-crypto plans.
#Trump47thPresident #Trump