On November 22, 2024, Bitcoin attempted to storm the psychologically important level of $100,000. On this day, according to CoinMarketCap, the absolute maximum value of BTC was recorded at $99,655. After the unsuccessful attempt to breach this height, Bitcoin entered a correction. On November 26, the cryptocurrency fell below $91,000. The reasons for the decline of BTC were discussed in a separate review.
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Against the backdrop of the assault on the 'hundred' and the subsequent correction, members of the crypto community continue to speculate whether the cryptocurrency will break the coveted level by the end of the month. Only 16% of voters believe that the height will fall within November. The chances of Bitcoin rising to $100,000 by the end of the year are estimated at 66%. There are also those who believe that $100,000 by the end of the month is not the limit. At the time of writing this review, among the potential targets for BTC in November, the $105,000 option is in the lead. The chances of Bitcoin rising to $250,000 by the end of the year, against the backdrop of the correction after the attempt to storm $100,000, have fallen to 2%. Back in March 2024, the likelihood of such a forecast being realized was estimated at 14%.