Since the US election, the price of Bitcoin has soared by 37.3%
According to Spot On Chain, the price of Bitcoin soared by 37.3% in November 2024 (the month of the US election). Historically, there has been significant growth (30%-46%) in December following each election month. This is consistent with our prediction in April that BTC could reach $100,000. Now, with the emergence of new FOMO factors, our model even suggests that BTC could reach $115,000 this month.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bloomberg: Wall Street Faces Stress Test as Bitcoin Falls
An independent miner successfully mined block 924569, capturing a reward of 3.146 BTC.
VanEck CEO: Will Exit Investment if Bitcoin’s Fundamental Logic Breaks, Market Demand for Privacy Continues to Grow