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Bitcoin Soars, Markets Stir: What’s Next?

In this week’s Trading Take, Beimnet Abebe from Galaxy Trading returns to unpack the recent developments in financial markets following the U.S. election. Against the backdrop of a newly unified Congress and ongoing market euphoria, Bitcoin has soared to new all-time highs. Beimnet discusses the investor sentiment driving Bitcoin’s rise and Michael Saylor’s acquisition strategy. Beimnet and Alex talk about the implications of President-elect Trump’s pro-crypto stance and expected regulatory shifts that might further fuel Bitcoin’s ascent. As the market eyes the $100,000 mark, Beimnet offers a measured perspective on potential resistance points and the broader impact of geopolitical tensions on market dynamics. Listen to the full episode here.