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BTC reached a new all-time high price of $94,831 today, but the upward momentum has stalled for now. While BTC frequently sets new ATHs at $93,944, it has yet to reach its true peak. The good news is its continued consolidation at higher levels. However, the wait persists as the BTC dominance remains weak until altcoins achieve their peaks.
Bitcoin Bull Flag
According to a recent Bitcoin 
$103,261 chart shared by Crypto Rover, the anticipated breakout from the bull flag has occurred. The analyst suggests that this upward movement could continue towards a target of $120,000. Currently, Bitcoin (BTC) maintains a strong stance as it approaches a six-figure price target.
The potential alleviation of political pressure in the U.S. is reassuring for crypto companies. Furthermore, it is expected that more institutional firms will gain the confidence to invest in Bitcoin with clear regulations, leading to further price increases in the upcoming months.
MASA and FIL Coin Targets
By early December, the roles within the government will become clearer. This development will indicate how serious Trump is regarding crypto, as he has secured majorities in both the Senate and House of Representatives. Recent reports indicated that Coinbase‘s CEO would discuss crypto policy with him.
The main issue, however, is Trump’s risk of a 180-degree turnaround despite his previous statements. Trump, who once expressed disdain for cryptocurrencies, may suddenly emerge with promises for Bitcoin. Considering he might not run for elections again, such an unethical turnaround isn’t impossible and could lead to significant losses in cryptocurrencies.
Returning to the evaluations made by two analysts on different altcoins, Michael Poppe recently shared a chart discussing MASA Coin, stating:
“Here we go, the markets are moving up and so is $MASA.
The breakout is set to happen once it surpasses $0.083-$0.085.”
According to the chart, the price could reach new peaks above $0.125, provided the breakout level is converted into support.
Waleed Ahmed also shared his analysis for FIL Coin, projecting a significant rise to $22.67.
