$BTC

Bitcoin Nears New All-Time High as Bulls Push Beyond $72,000!

Bitcoin surged past $72,000 after the Wall Street open on Oct. 29, with strong momentum hinting at new highs. Analysts from Material Indicators note that buyer liquidity is solidifying just below $70,000, creating a critical support level. Crypto experts like Michaël van de Poppe predict BTC could break its ATH this week, boosted by upcoming U.S. unemployment data.

Additional market drivers, including the U.S. presidential election and rising interest in Bitcoin ETFs, continue to fuel this rally. With volatility climbing, will Bitcoin soon set a new record?