Last week, the U.S. election concluded, and after Trump's victory, Bitcoin (BTC) successfully broke through the head and shoulders pattern, causing its price to soar by 16.86%.
Such a large-scale rebound has significantly enhanced Bitcoin's dominant position in the market, with its dominance approaching 60%.
At the same time, on the Binance platform, the price of the Bitcoin to USD trading pair (BTCUSDT) reached a high of $81,846.
According to analysis forecasts, Bitcoin is set to test two key support areas:
Support Area 1 is in the range of $73,000 to $70,000;
Support Area 2 is in the range of $64,000 to $61,000.