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Bitcoin Indicator Signals Equilibrium After Trump Victory – A Clear Path To New Highs?

  • Bitcoin is trading around $75,000 following Donald Trump’s victory in the U.S. election, stirring fresh optimism in the crypto market.
  • Key data from CryptoQuant indicates that Bitcoin has reached a price equilibrium, suggesting there are no strong market forces pulling the price lower.
  • Bitcoin has officially entered a bullish phase after breaking past its previous all-time highs, reaching $76,500.
  • With fresh demand entering the market and the macroeconomic backdrop shaping up favorably, Bitcoin may soon aim for even higher levels.

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