Bitcoin takes a step closer to a new record

On March 14 this year Bitcoin reached its highest ever level at 73,797. Well, late yesterday evening it came very close to surpassing that. Bitcoin spiked to a high at 73,563 just ahead of the US equity market close. So, as you can see, it climbed to just a couple of hundred bucks shy of a new all time high. Quite why it stopped where it did and backed off into the Asian session today is not clear, but I guess we put that down to profit-taking? Maybe it was a re-think on the Chance of Trump wining the White House ahead of the important speech from Harris last night? The price action so far today has been covered by 72,004 to 72,945. Of course it would be mad to rule out another attempt on the topside, but let us not forget this whole move towards pastures not seen before is all about Trump winning the Whitehouse next week. BTC is currently trading at 72,370