Bitcoin - Review from 06.11.2024

Financial and commodity markets analytics


Bitcoin reached a new historical high

Bitcoin reached a new historical high, testing the $75,000 mark on November 6, exceeding the previous high amid optimism from traders and investors actively investing in cryptocurrency against the backdrop of preliminary election results in the United States, where Donald Trump is leading. Remember, the Republican candidate is considered more loyal to the crypto industry. However, the situation remains tense and unstable. Technically, the price resumed growth from the range of quotes we described earlier at $66,000-69,000.