According to Cointelegraph, BTC set a historical record in November with a monthly increase of over 37%, closing at around $96,400, marking a new high for BTC/USD.

Economist Carl Menger stated that this is just the beginning of BTC's journey. Analyst Aksel Kibar also mentioned on X that the monthly Relative Strength Index (RSI) shows bullish signals.

Trading resource Material Indicators pointed out that not breaking through $100,000 is a positive sign, potentially indicating market strength and sustainability. Trader Skew believes that breaking through $98,500 is key to attempting to break six figures again.