bullish

Bitcoin

Strong

when

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-reaches-new-all-time-high-while-bulls-remain-optimistic/" data-wpel-link="internal">Bitcoin Reaches New All-Time High While Bulls Remain Optimistic</a> 
At the time of writing, the <a href="https://en.coin-turk.com/elon-musk-reveals-his-cryptocurrency-holdings/" data-wpel-link="internal">cryptocurrency</a> Bitcoin has reached a new all-time high. This situation is common in bull markets, where BTC frequently elevates its peaks, suggesting it may reach even greater heights in the coming hours. 
<h2 style="text-align: justify" id="bitcoin-surges">Bitcoin Surges</h2> 
The reduction of regulatory pressure in the U.S. and expectations that the Trump administration will favor investors in shaping global regulations support this surge. Although BTC may experience sudden drops even during rising trends, the key focus is on the overall trend, which is currently a strong upward movement. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-408207 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/BTCUSDT_2024-11-19_21-22-33.png" alt="" width="1814" height="836"> 
On November 14, BTC reached a record price of $93,524 against the USDT pair on the <a href="https://en.coin-turk.com/binances-proof-of-reserves-a-sign-of-stability-for-investors/" data-wpel-link="internal">Binance</a> exchange, raising its all-time high further. If the bulls can maintain the price above $100,000, we might witness impressive <a href="https://en.coin-turk.com/how-to-buy-pancakeswap-coin/" data-wpel-link="internal">altcoin</a> rallies as liquidity shifts into the altcoin market over the next few months. 
However, as previously mentioned, even in a bullish trend, sudden liquidity-targeted drops exceeding 10% can occur. This scenario contrasts sharply with the brief upward spikes seen when prices bottomed out in 2022. 
The post <a href="https://en.coin-turk.com/bitcoin-reaches-new-all-time-high-while-bulls-remain-optimistic/" data-wpel-link="internal">Bitcoin Reaches New All-Time High While Bulls Remain Optimistic</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Bitcoin Reaches New All-Time High While Bulls Remain Optimistic

Table of Contents

COINTURK NEWS

Other articles published on Nov 19, 2024

SuperEx丨Analyze the trends of the Web3 industry from the perspective of data.

Coinbase CEO Brian Armstrong to Meet Trump for Personnel Discussions

JUNO Leads as Daily Crypto Gainers Surge

Bitcoin Strengthens as Whales Accumulate Amid Mixed Altcoin Performance

SuperEx丨Meme + Scientific research：Are Memecoins going to achieve value realization?

Can XRP Price Hit $8? Analyst Says Huge Ripple Breakout Awaits

Join our free newsletter for daily crypto updates!