Bitcoin appears primed for new highs before 2025, according to numerous BTC price metrics.
Optimism around the upcoming US elections, massive inflows into spot Bitcoin exchange-traded funds (ETFs), and several technical and onchain indicators suggest that Bitcoin price (BTC) is on the path to new all-time highs.
BTC/USD daily chart. Source: TradingView
Bitcoin’s recent rally above $73,000 has been christened the “Trump trade” by some market commentators, as optimism surrounding a potential Trump presidency amounts among crypto enthusiasts.