$99K And Climbing: Bitcoin Reacts To Gensler’s SEC Departure Announcement

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$99K And Climbing: Bitcoin Reacts To Gensler’s SEC Departure Announcement - NewsBTC

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A thread 🧵⬇️ — Gary Gensler (@GaryGensler) November 21, 2024 Galaxy Digital’s CEO, Mike Novogratz, expressed hope about this change, noting that the Trump team’s energy is very different, that they are pro-crypto, pro-blockchain, and sees the promise Bitcoin brings.

If true, $BTC will go to $108,000, drop to $99,000, and bounce to $135,000! pic.twitter.com/hsIBWBVGnl — Ali (@ali_charts) November 20, 2024 Analysts Predict New Highs Meanwhile, crypto expert Ali Martinez said the current rise of Bitcoin has strong similarities with its rise in late 2020.

The market’s reaction shows a rising view that Bitcoin is prepared to play a larger role in both the private and public sectors under favorable regulations.#Bitcoin looks like it did in December 2020.