Bitcoin BTC at its Peak after Donald Trump Victory
November 13, 2024
Bitcoin BTC is at its peak nowadays. After the victory of Donald Trump in the US Elections 2024 Bitcoin BTC gets a positive rhythm in the crypto market. Bitcoin BTC touches his all-time high price of 89940 USDT. As a crypto trader, it is good news that the bull run is still going on. The victory of Donald Trump has had a positive impact on the crypto market. But in old reputed coins of the crypto market, only Bitcoin BTC takes a good pump. Well-reputed altcoins like AR, DOT, FET, PEPE, UNFI, and many others never take a good pump except SOLANA and ETHERIUM. It might be possible it’s a trap for those who invested in altcoins and wait for a good pump. UNFI is delisted by Binance at the start of November 2024. UNFI is among those strong coins that survive the biggest dumps of the crypto market. Binance is one of the biggest exchanges for crypto trading but they delisted UNFI because of its manipulation in the crypto market.
In this recent Bitcoin BTC pump Solana performs very well. It made the Cup n Handle pattern in their daily chart and successfully performed it and achieved their target. It jumps from 162 USDTs to 203 USDTs and then pumps up to 226 USDTs.
Let’s talk about the daredevil coin of the market Bitcoin BTC. In the past two weeks, Bitcoin BTC has jumped higher and higher. Bitcoin BTC makes a bull flag on a weekly chart and then it breaks out after the victory of President Donald Trump. Bitcoin BTC touches its all-time high point of 89940 USDTs. It’s a massive turning point for crypto traders. So, I am here to tell you about my weekly analysis of Bitcoin BTC.
See this above weekly chart of Bitcoin BTC. It might be possible for BTC to touch 91600 or 91800 USDT points this week according to the body-to-body log chart. But wait there is another log chart that indicates that Bitcoin BTC also jumps to the point of 93047 USDTs. According to my analysis the people who want to take a short position and book a good profit there is a chance for you. It is just a suggestion to always analyze the market before taking any trade. There is another log chart which supports Bitcoin BTC from the point above 82700 USDTs. Take a look:
This weekly chart support shows us if the weekly closing of Bitcoin BTC is below a point of 82600 or 82620 USDTs then markets take a good dump. This news is not good for those who invest in altcoins. Because if Bitcoin BTC closed below 82600 USDTs in their weekly closing then it might be possible that it will dump below 69000 USDTs. And this dump will be a nightmare for crypto traders who hold long positions in altcoins.
Concise and valuable analysis on Bitcoin. Good job!