BTC Hits $80k ATH…What’s Next?

Welcome to lift-off, everyone. We knew this day was coming soon, and now, finally, BTC is seeing the parabolic run we knew it would.

It’s fantastic to see, not only because this officially marks the beginning of alt season, where our alts will skyrocket to areas we never thought were possible. But it is also crazy that anyone who bought Bitcoin earlier than today, the 10th of November 2024, is up on their investment.

Today marks a massive day in Crypto, the day we’ve all been waiting for.

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But Why Now?

Why did BTC decide to start ripping now? Following Trump’s victory in the US election and a recent 25 basis point rate cut by the Federal Reserve, a lot of investor interest in BTC has been cultivated, driving BTC into price discovery mode.

Many fundamental analysts say it could go as high as $88,800. Imagine what our alts will do if that’s the case.

The next few weeks will be make or break here as BTC tests new price levels, breaking prior resistance, and sets the stage for a potentially transformative period, making both newcomers and seasoned investors very happy.

Be careful, though; the fear and greed index is at 78, and so many people are licking their lips, us included, but we need to remain calm, stick to the plan, and not let emotions control us here.

Our take-profit strategy was finalised months ago, and we know what levels we need to sell, and so do all of our members; that’s what gives us the best chance to kill it over the next 6 months.

The next few months will likely see significant volatility as BTC tests new resistance levels and investors digest the implications of a broader bull market.

Here’s what CZ from Binance had to say:

He’s right. All you need to do know, is follow the calls in the community; just follow it to a tee. If you can do that, then crypto will change your life in the next 6 months, all you have to do is wait.

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