Bitcoin reached a new all-time high of $75,358 following Trump’s re-election announcement. The price surged 10% before correcting to $74,037. Market analyst CryptoBullet believes Bitcoin dominance may be peaking based on the TD Sequential indicator. Analyst Ali predicts a pullback to $72,000 unless the price stays above $75,400.
MVRV ratio analysis shows the Bitcoin market isn’t yet at an “overheating stage.” The recent price movement has increased trading volumes and public interest.
