Bitcoin's November performance historically shows an average gain of 43%, but currently, it has only seen a 7% increase. Analysts predict that following Donald Trump's election victory, this month could still see Bitcoin surge towards $100,000. Factors such as high open interest in Bitcoin futures markets, a rise in stablecoin usage, and growing institutional interest may contribute to pushing Bitcoin higher. Analysts suggest that Bitcoin could potentially hit $200,000 by May 2025. Crypto influencer Lark Davis believes that BTC could reach $100,000 within 90 days, reflecting Bitcoin's recent jump to a new high of $77,000. Rising stablecoin dominance, growing institutional interest, and optimism around Trump's policies all indicate that BTC could be on the verge of another major rally.



Other News from Today