Bitcoin's (BTC) unstoppable rise: Target $100,000!

#Bitcoin ($BTC ), which has been rising breathlessly since exceeding $70,000, broke a record by reaching $79,780.

Drawing attention with its unstoppable rise, Bitcoin tested $79,780 in the morning hours and renewed its peak. Donald Trump's victory in the US presidential elections was like a doping for BTC. The leader of cryptocurrencies, which continues its rise almost without any correction, has reached $80,000. Most crypto analysts see $100,000 as Bitcoin's main target. Even if the Bitcoin dominance has not yet made a sharp decline, the increases in altcoins have excited its investors.

Bitcoin, which has been pricing upwards since exceeding $70,000, has ignited the crypto rally. The US presidential elections and FED interest rate decisions played a critical role in the BTC rise. In addition to these, net inflows from spot ETFs have been a driving force for Bitcoin. BTC, which generally spent the past November months on the rise, did not surprise this time either. Crypto investors, on the other hand, are focused on altcoins during this process. The pullback of Bitcoin dominance to 48 percent will trigger a new altcoin rally.

Ethereum ($ETH ) broke its chains

#Ethereum , which has been silent about Bitcoin's rise for a while, finally exploded. The pioneer of altcoins, which stepped on the gas after exceeding $ 2,500, showed an increase towards $ 3,200. The critical resistance level for ETH will be $ 3,500. A volume break of this level will increase the inflow of money into altcoins and bring an increase in the ETH/BTC parity. The eagerly awaited altcoin rally may begin with ETH's peak renewal.