Bitcoin has entered the breakout zone of its prevailing bullish reversal pattern, now eyeing $300,000 in 2025.
Bitcoin (BTC) has risen by around 6.75% to reach a new record high of around $81,845 on Nov. 11.
BTC/USD daily price chart. Source: TradingView
Today’s Bitcoin gains are part of a broader rally across the crypto market, driven by President-elect Donald Trump’s supportive stance on digital assets and the potential for a pro-crypto Congress.