#BTCBreaksATH *#BTCBreaksATH: Bitcoin Breaks Records*

The price of Bitcoin (BTC) has recently shattered records, reaching new all-time highs for three consecutive days. This surge is attributed to Donald Trump's unexpected victory in the U.S. elections and a 25 basis point rate cut by the U.S. Federal Reserve.

*Factors Driving the Surge:*

- *Institutional Demand*: Demand for Bitcoin is increasing among institutional investors, driving the price up.

- *Economic Shifts*: Macro-economic shifts are impacting alternative asset prices, making Bitcoin an attractive option for investors.

- *High Liquidity*: Bitcoin features high liquidity, allowing investors to trade quickly and efficiently.

*Analyst Predictions:*

- *Price Target*: Analyst Daan believes the next price target for Bitcoin is $88,800.

- *New Phase*: Analysts see that Bitcoin has entered a new phase of price discovery, which may lead to further increases.

*Support and Resistance Levels:*

- *Support Level*: The $73,800 level is considered a significant support level for Bitcoin, which could turn into a strong demand zone after a breakout.

- *Resistance Level*: Analysts believe the $77,000 level could be an important resistance level, where a correction may occur if the price fails to break through.