🚀 Bitcoin to Break Records Before the US Elections? 🇺🇸⚡
Geoff Kendrick, Standard Chartered’s Global Head of Digital Assets Research, has dropped some game-changing insights for $BTC! 🔥
Since October 10, Bitcoin has surged 10% and is now eyeing the $66K resistance—powered by strong support at $60K. 📈 With bullish signals on the rise, the doors to a new upward cycle seem wide open.
According to Kendrick, Bitcoin could hit a new ATH at $73,800 🏔️ before the US elections! But what’s driving the rally?
🔑 Key Factors:
Trump’s Rising Odds 🇺🇸: Speculation about Bitcoin becoming a strategic reserve under a potential Trump presidency is fueling optimism.
Spot Bitcoin ETFs Inflows 💰: Fresh capital entering the market is adding rocket fuel to BTC.
US Treasury Yield Curve Break 📊: This macro shift might pave the way for further market growth.
As market volatility increases and analysts predict potential interest rate cuts, Bitcoin's momentum is stronger than ever. 💪
Kendrick’s takeaway?
"BTC's rise toward $73,800 is highly likely." 🚀
Will Bitcoin rewrite the history books before the elections? 🏅 Let us know what you think in the comments! 👇
