Bitcoin Price Reaches 81 Thousand US Dollars, Investors Still Need To Be Careful

Illustration of Bitcoin crypto assets (photo: Tokocrypto)

JAKARTA - After Donald Trump was elected President of the United States (US), the price of Bitcoin continued to soar. On Monday, November 11, Bitcoin hit a record high of 81,000 US dollars (Rp1.27 billion).

Launching from Tokocrypto News, a well-known analyst, Peter Brandt, expressed his view that Bitcoin could potentially reach a price of US$125,000 (Rp1.96 trillion) next year.

Brandt stressed that this bullish momentum could continue, if supported by high trading volume and strong investor interest.

This spike certainly sparked optimism among investors, with some experts predicting that this positive trend could affect other crypto assets such as Dogecoin.

Meanwhile, previously, Tokocrypto trader Fyqieh Fachrur had said where analysts had predicted this increase, and they predicted that Bitcoin could potentially close the year at a higher rate, even approaching 90,000 US dollars (Rp1.41 billion).

According to Fyqieh, the mix between political factors and pro-crypto market sentiment could be a significant impetus for BTC to continue to set record highs.

However, Fyqieh stressed that for investors who want to enter the middle of this bullish trend, it is important to always monitor news and market developments.

When the market shows a positive trend, euphoria often makes people forget the risks that may come at any time. Understanding support and resistance points can help investors do more measurable entry and exit," he explained.

According to him, investors need to be wise in making decisions. Because, the volatility of crypto assets remains a risk, so it is important to monitor the development of new policies under the Trump administration and prepare the right strategy.