- Bitcoin (BC) set a bullish new ATH at $77,252.75 as its continues its price exploration.
- The pioneer crypto asset is in price discovery phase and has set 3 new ATHs this week.
- Analyst believes BTC is on its way to set an ATH between $150,000 and $180,000.
Bitcoin (BTC) continues its streak of new all-time highs, now reaching $77,252.75, according to CoinMarketCap data. Following a record in the $75,000 range on U.S. Election Day and another in the $76,000 range the day after, BTC has set yet another ATH, showcasing its strong upward momentum.
New ATH Reflects Bitcoin’s Bullish Momentum
As many analysts anticipated, Bitcoin appears to be in a price discovery phase, setting new highs daily. The current phase, often referred to as the ‘golden pocket’, is a critical period for traders, offering high-reward opportunities. With Q4 expectations of setting 6-digit ATHs for BTC the golden pocket may fuel its possibility.
This ‘golden pocket’ phase—spanning the time between Election Day and Inauguration Day—is historically known for opportune trades and high-price activity. If trends continue, Bitcoin may continue climbing, potentially reaching top predictions, with targets like $100,000 or beyond by the end of Q4.
$150,000 to $180,000 BTC ATH on the Way
According to one reputed crypto analyst, the price of Bitcoin is shaping a long-term bullish pattern as depicted in the price chart on the post above. In detail, this analyst expects Bitcoin (BTC) price to climb higher until it sets new ATHs between $150,000 and $180,000. More so, he expects this pump to come fast and furious with no delays.
With a pro-crypto candidate taking the position of the President of the United States of America, the sentiment for a bullish crypto market pump is greater than ever. Furthermore, altcoin sentiments are just as high as analyst identify a numerous amount of bullish indicators across a myriad of altcoins.
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