Bitcoing breaks $85,000 to hit another record high ...Middle East

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There are times when the fundamentals and technicals align, the past week has certainly been one of those moments in bitcoin.The election of a crypto-friendly Republican slate combined with the break of a long-term range has been rocket fuel for bitcoin and it's now above $85,000 for the first time ever.I'll stand by what I wrote on Wednesday when it was $10,000 lower:Bitcoin is also a remarkably technical asset and if it can hold this break above $72K (maybe into the weekend)? Then there is a good case for a move into the $90s. There is no doubt that a Trump administration is much more inclined to ease the regulatory burden in crypto and ethereum is modestly outperforming bitcoin on the

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Last updated : 11 Nov 2024 clock 10:09 PM

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Bitcoing breaks $85,000 to hit another record high ...Middle East

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