As optimism surrounding high-risk assets heats up and the US election looms, Bitcoin bulls have once again set their sights on the record high set in March. “After six months of price consolidation this year, Bitcoin and other crypto assets are about to usher in a perfect storm,” Brett Munster of Blockforce Capital wrote in the report. Bitcoin rose 2.9% to $68,376 on Wednesday, then declined somewhat. Bitcoin last hit $70,000 in July and reached an all-time high of nearly $74,000 in March.

As optimism surrounding high-risk assets heats up and the US election looms, Bitcoin bulls have once again set their sights on the record high set in March. “After six months of price consolidation this year, Bitcoin and other crypto assets are about to usher in a perfect storm,” Brett Munster of Blockforce Capital wrote in the report. Bitcoin rose 2.9% to $68,376 on Wednesday, then declined somewhat. Bitcoin last hit $70,000 in July and reached an all-time high of nearly $74,000 in March.