Bitcoin Set to Breach $85,000 Before Targeting $100,000

Bitcoin is trading at unprecedented levels, nearing a potential six-figure valuation following Donald Trump’s recent win in the U.S. presidential election. On Nov. 11, Bitcoin’s price surged past $82,410 at 10:19 am UTC, according to Bitstamp data, setting a new record. Ryan Lee, chief analyst at Bitget Research, suggests this could be a brief stop before Bitcoin advances further, possibly reaching $85,000 within the week. Lee told Cointelegraph: “This week, we expect the volatility of BTC and ETH to continue to increase, with potential upward breakthroughs followed by rapid corrections. The predicted range for BTC this week is between $76,000