Bitcoin Could Hit $100K in November?
Bitcoin (BTC) $100K is entirely possible as the market has seen increased investor demand following the US presidential election and a change in chart structure. As of now, BTC has surpassed 90K, just one week after Donald Trump was elected.
Ryan Lee, lead analyst at Bit/get Research, asserted that Bitcoin is an asset with a gain of more than 100%, stronger than most current asset classes. In addition, November is usually the strongest month for Bitcoin based on historical data.
If Bitcoin maintains its 44% performance in November this year, the price of Bitcoin will hit exactly 100k. This is completely reasonable when Bitcoin has made a high of 93k, only $7,000 away from 100k.
Don't worry if your altcoin hasn't increased in price yet. Bitcoin's first bull run is the starting point for the altcoin season.
