Bitcoin Price Forecast: Short-term correction looks likely after hitting new all-time high above $82,000

Bitcoin (BTC) trades around $82,000 on Monday, having reached a new all-time high (ATH) of $82,471 earlier in the day and extending last week’s 17% rally.

Bitcoin (BTC) trades around $82,000 on Monday, having reached a new all-time high (ATH) of $82,471 earlier in the day and extending last week’s 17% rally. Optimism in crypto markets is widespread after the victory of crypto-friendly candidate Donald Trump in the US presidential election. While the long-term outlook for BTC and other altcoins looks positive, chances of a short-term correction are also increasing following seven consecutive daily sessions of gains. 
The rally wa


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