Bitcoin has risen 129% since the beginning of the year due to the results of the 2024 US presidential election and the halving event in April.
Bitcoin (BTC) rose 37% in November. According to data analyzing monthly Bitcoin performance from 2011 to 2024, the
There have only been three years with such a high increase: in 2013 (459%), in 2017 (54%), and in 2020 (42%).
Price trends for decentralized assets with limited supply have been similar to previous halvings. Bitcoin's price has risen by about 1.5% since the halving.
It will start to rise in earnest in six months. According to reports, analysts are cautiously hoping for the psychological resistance level of $100,000 for Bitcoin to be reached. However, if it breaks through $100,000,
It's not going to be easy: Bitcoin price topped $99,000 on Nov. 22 before falling back to the $96,000-$98,000 range.
On Nov. 29, the price of Bitcoin futures on the Chicago Mercantile Exchange (CME) hit $100,200 for the second time in seven days.
This has led analysts to believe that spot prices could soon reach this level as well.
2024/12/02 12:47 KST
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