BTC to 105?

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The outcome of the U.S. presidential election was widely seen as a win for the crypto industry. Trump promised during his presidential campaign to make the U.S. the “crypto capital of the planet” and even launched his own crypto coin.

Bitcoin’s price has surged since the election. Shares of the coin have risen more than 25% since Nov. 5 and briefly passed $88,000 before falling back to $86,038 Tuesday morning. At the same time, investors have poured more $1.3 billion into the more than one dozen ETFs that hold the digital asset.

There’s a bullish case for Bitcoin even outside Trump’s potential favor, according to 21Shares Research. “We may see further capital flowing into Bitcoin because of the easing monetary conditions emerging worldwide,” the firm said. “Bitcoin acts as a ‘liquidity sponge,’ attracting capital during periods of monetary expansion” when investors seek out risky assets.
( Marketwatch.com)

Technically, BTC made a cup and handle, broke the handle and resistance and started to grow. We appear to be at subway 3, so after a small consolidation, we could see more growth higher.