Bitcoin is rapidly surging 🔥
Last night, the price of Bitcoin rose to 70,600 points before dropping back to around 68,500 points and stabilizing. This morning, it surged again, reaching around 71,800 points, clearly influenced by news from the U.S. elections.
Currently, bullish momentum remains strong, and it is not advisable to be overly bearish for the time being.
Latest market focus:
Short-term resistance level: 72,600-73,288
Short-term support level: 68,100-68,700
Short-term trend:
According to the current trend, 71,600 has been broken, and it is expected to surge to around 72,600 points while seeking direction. If it breaks through the 73,300 level, the market is likely to challenge the historical high near 73,800!
