Bitcoin enters ‘acceleration phase’ resembling BTC price gains seen after Trump election victory

Key takeaways: The Bitcoin Quantile Model shows “heat” with price on the verge of an “acceleration phase,” echoing Q4 2024 when BTC embarked on a 45% post-election rally. Bitcoin (BTC) price has formed a new intraday high on each daily candle this week, with the crypto asset slowly grinding toward a new all-time high. In line with its current trajectory, 21st Capital co-founder Sina noted that Bitcoin is approaching a pivotal moment around the $108,000 level.  The Bitcoin Quantile Model update shows that BTC’s market reflects the same “heat” that was present after President Trump’s post-election rally and the spot ETF-driven highs during Q4 2024 source: https://cointelegraph.com/news/bitcoin-enters-acceleration-phase-resembling-btc-price-gains-seen-after-trump-election-victory?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound