- Bitcoin continues its bullish momentum and sets a new ATH.
- BTC sets new ATh at $81,858 and sets eyes on next target at $88,000.
- Analyst looks at bull pennant triangle formation, expects $158,000 BTC price soon.
Bitcoin continues its bullish march through the price discovery phase as it kicks off the week by setting another new bullish ATH. The new ATH sits at $81,858 and analysts believe that BTC will conquer the $80,000 price range quickly as analyst believes the next price target lies at the $88,000 price mark.
New Bullish $81,858 BTC ATH Set
As we can see from the post above, this exponential pump through the $80,000 price barrier began on Sunday. This is a monumental signal as the post explains how a Sunday night pump is a very bullish sign for the trajectory of the new week that follows it. Indeed, the pump has already begun its surge by setting a new ATH and setting a president for what can come next this week.
This ‘full swing’ pump for Bitcoin (BTC) is no doubt being fueled by the victory secured by pro-crypto candidate Donald J. Trump in the US Presidential elections. Expectations for Bitcoin (BTC) price to set a 6-digit ATH by the end of what is expected to be a highly bullish Q4 have gained even more traction since the green close of September and October.
Presently, November is already in a strong start having set continuous new ATHs from $75,000 to $81,000 in under 10 days. The fact that the crypto market is also in the midst of the ‘golden pocket’ zone between the US Presidential Election and Inauguration Day also adds to the bullish momentum.
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BTC Prepares to Shoot to $158,000
https://x.com/Washigorira/status/1855626504253628883
With high expectations for Bitcoin (BTC) price to hit between $100,000 to $150,000 by the end of Q4, the present sentiment is for BTC price to fly through the $80,000 to hit a higher high in the $88,000 to $90,000 price in the coming weeks. Some analysts, like the prediction in the post above state that Bitcoin could hit $158,000 due to a massive Bitcoin bull pennant triangle set-up.
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