Analysts predict Bitcoin’s highly anticipated $100,000 all-time high could arrive in November, driven by historical chart trends and rising demand since the recent U.S. election. Bitcoin reached a new record high of $90,000 on Nov. 13, just over a week after Donald Trump’s 2024 presidential election win. With a more than 100% rally year-to-date, Bitcoin has outperformed most traditional financial assets, noted Ryan Lee, chief analyst at Bitget Research. Lee pointed out that November historically yields the highest returns for Bitcoin, suggesting BTC could hit $100,000 before the month’s end. “If history repeats itself and Bitcoin prices grow as projected,
CryptoIntelligence
You can visit the page to read the article.
Source: CryptoIntelligence
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Ethereum Whale Accumulates 18,000 ETH: Could This Signal a Continued Rally?
A significant movement in Ethereum has caught the attention of investors following a notable purchase by a new whale, raising questions about future price momentum. As the cryptocurrency market continues CryptoIntelligence
Gensler’s Defense of Crypto Regulation: Potential Changes Ahead as Trump Targets SEC Policies
Gary Gensler, the SEC Chair, continues to defend his stringent crypto regulatory policies amidst potential removal by President-elect Donald Trump. Gensler’s insistence on consumer protection amidst rising investor concerns highlights CryptoIntelligence