How long until BTCrise reaches $100,000?

Mainstream Crypto Assets saw a significant pump on Monday, and the Trump concept's momentum reached its climax.

BTC touched $89,500, as the leading Digital Money, its record rise path has shown no signs of fatigue. The heavyweight leader of this market pumped more than 31% in the past week, bringing its November increase to 24.82%, the best performance since 2020.

Ethereum, the second-largest digital currency, is also showing positive momentum, surging to its highest level since July 25th.

In the past 24 hours, over $669 million in locked futures contracts have been liquidated, with leveraged short orders evaporating $369 million. If BTC rises to $91,000, an additional $1 billion in short positions will be liquidated. The open interest of BTC contracts has risen 6.44% in the past 24 hours, reaching $52.32 billion, indicating new funds flowing into the Derivatives market.

According to the Digital Money Fear and Greed Index, the market is still in the "extreme greed" zone, indicating that the market may need to undergo an adjustment.

The global Digital MoneyMarket Cap is approaching nearly $30 trillion, with a recent pump of 7.72% in the last 24 hours. Just like Digital Money, the stock market continues to revel in Trump's victory.

The Dow Jones Industrial Average (.DJI.US) pumped up 304.14 points, or 0.69%, to close at a record high of 44,293.13. The S&P 500 index pumped up 0.10% to close at 6,001.35, while the tech-heavy Nasdaq Composite Index increased 0.06% to reach 19,298.76 points.

The benchmark 10-year yield of US sovereign bonds has pumped more than 2 basis points, reaching 4.334%.

👊 Analyst's Note: As we all know, Cryptocurrency trader Symbiote predicts based on historical trends that BTC will reach $100,000 within 55 days after the election. After that, BTC may go Sideways, and the altcoin season will begin. The right altcoin will go from $100 to $100,000 in a short period of time.
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