BTC Hits New ATH at $75K, $100,000 Coming Soon?
After an eight-month climb, Bitcoin has soared past its March peak, briefly touching $75,391. This major milestone not only marks a triumph for BTC but also sets the stage for a broader crypto rally. Fueling this surge are factors like support for a pro-crypto candidate in the U.S. election, high liquidity from the rate-cut cycle, and November's historical trend of strong gains.
Key Events Ahead in November:
- Nov 8: Federal Reserve policy meeting, with expectations for a rate cut.
- Nov 13-14: CPI and PPI data releases, potentially boosting the market.
With Bitcoin’s momentum strong, is $100,000 next? Ready to jump in?