Crypto analyst DonAlt said Bitcoin’s monthly chart looked poised to return to its all-time high after BTC fell to $75,000 on November 4 and the chart turned green. He said the move would depend on Bitcoin continuing to show strength; the rally is his expectation, not a completed event.
DonAlt also appeared to suggest that Bitcoin was holding support at $70,000 and might form a higher low on the monthly chart. His comments followed a midterm election in which Democrats won majorities in the US House and Senate, according to the Associated Press.
