Analysis of Bitcoin Price Surge Driven by Trump’s Influence

Bitcoin has surpassed $64,800.

Just a few hours ago, Bitcoin reached $66,000, sparking discussions about whether it might recover its previous all-time high of $72,000.

The strong upward momentum is attributed to the impact of Trump’s candidacy, and the trend shows no signs of slowing down.

The AI chart predictor has successfully forecasted the rise in Bitcoin’s price.

Recently, I’ve been increasingly impressed with the growing accuracy of AI chart predictors.

However, I foresee a decline within the next 24 hours.

Despite the influence of Trump’s candidacy, I believe a correction is due. The price has reached a resistance level, and it’s unlikely to sustain its current upward momentum without a breather.

Trump has not even been elected President yet, and the current surge in price due to the positive news seems sufficient.

While the chart indicates remaining strength, I believe it’s time for the market to show some fatigue from the rapid, short-term rise.

At this point, let’s review the results from the AI chart predictor.

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