Bitcoin Nears New All-Time High Above $76,500

user avatar

by Giorgi Kostiuk

2 years ago

Bitcoin continues its battle against bearish pressure as it nears levels around $76,000, looking to possibly establish a new ATH above $76,500.

Bitcoin's Rise to New Levels

Bulls are defending interim support levels to maintain gains and target upper resistance above $77,000. However, trader confidence appears low, which might lead to a pullback in the rally.

Traders Brace for Volatility

Since Bitcoin broke out of its range, market participants have been hopeful for further movement. Many are ready to capture profits at a new ATH, potentially increasing volatility over the weekend. The order book shows significant buy orders near $75,000 and sell orders around $77,000, suggesting preparedness for both bullish and bearish shifts.

Impact of US Election on Prices

Historically, Bitcoin has shown significant price increases following US elections, such as a 100% rise in 2020. If similar patterns hold, Bitcoin's current ascent may just be starting, and the $100K milestone could be achievable soon.

Bitcoin remains within an ascending channel, and despite mixed market signals, bulls could strive to reach new highs in the coming weeks.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

RUNE Price Surges Amid Ongoing Investigations into Stolen Cryptocurrency

RUNE's price increased from a local low of 0.59 to approximately 0.67 as investigations into stolen cryptocurrency movements through decentralized platforms, including THORChain, intensified.

user avatarGustavo Mendoza

Trezor Issues Urgent Security Warning for Safe 5 Wallets

Trezor has issued a security warning to customers who purchased Safe 5 hardware wallets through the Southeast Asian reseller CryptoBilis since March 2026, advising them to transfer their cryptocurrency to a newly generated wallet due to a potential hidden cellular implant.

user avatarRajesh Kumar

MEXC Introduces Canton 0Fee Carnival for Traders

MEXC has launched the Canton 0Fee Carnival, enabling users to trade CC spot and futures pairs without fees from October 30 to November 30, 2026, and participate in a prize pool of 1 million.

user avatarMiguel Rodriguez

XRP Ledger Foundation Clarifies Proposal's Routine Nature

The XRP Ledger Foundation clarifies that proposed changes to the token approval process are routine improvements and unrelated to any security incidents.

user avatarLuis Flores

XRP Ledger Developers Propose Tighter Token Approval Controls

XRP Ledger developers propose amendments for stricter token approval controls to enhance protocol safeguards and ensure consistent application of approval requirements.

user avatarArif Mukhtar

USDD Expands Earning Opportunities and Transfer Solutions

USDD has introduced new DeFi partnerships and transfer integrations to enhance user experience and earning potential.

user avatarMaria Gutierrez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.