Bitcoin Closing In On $80,000 For Record-Breaking Run After Trump Win

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Bitcoin Closing In On $80,000 For Record-Breaking Run After Trump Win - NewsBTC

Quick Summary:

No rash action is needed, HODLing does the work for you.pic.twitter.com/SWBCrQovOu — Tuur Demeester (@TuurDemeester) November 10, 2024 Expect A Bullish Trend For Bitcoin, Analysts Say Demeester suggests that Bitcoin’s price rally is just starting, and holding is the best strategy.

Related Reading: XRP On Fire: Analyst Predicts $4 Milestone As Token Rallies 11% Looking Ahead: Bitcoin’s Next Target Is $85k Or Higher Bitcoin isn’t new to market surprises and crazy price runs.

While some traders look at selling, many analysts recommend playing the market conservatively and "not making any impulsive moves.” Tuur Demeester, a Bitcoin analyst, shared on his Twitter/X post that "HODLing” is the best Bitcoin strategy.$79k bitcoin, new ATH.