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CryptoIntelligence 2024-11-10 19:33:00

BTC Price Action Remains Bullish as ‘No Rash Action is Needed’

Bitcoin has surged past the $79,000 mark for the first time, hitting several new highs following Donald Trump’s reelection as U.S. president. On Nov. 10 at 05:00 UTC, Bitcoin reached $79,141 on Coinbase, although analysts cautioned against hasty decisions. Currently, Bitcoin is trading at $79,658, according to Coinbase data. Bitcoin analyst Tuur Demeester advised patience in a Nov. 10 X post, stating, “no rash action is needed, HODLing does the work for you.” He added, “$79k Bitcoin, new ATH. Steady folks, this is just the beginning. This is a time for being right and sitting tight.” Similarly, Glassnode lead analyst

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