đđđ #bitcoinâïž in November: 7% Gains So FarâIs a Bigger Rally Ahead?
Bitcoin has risen 7% this November, and analysts are eyeing a surge to $100,000 following Donald Trumpâs presidential win. Increased #stablecoin activity suggests traders are gearing up for potential $BTC volatility, while some experts anticipate Bitcoin reaching $200,000 by mid-2025 due to rising institutional interest.
Path to $100K: Analysts Weigh In
- Ryan Lee, lead analyst at #Bitget Research, sees Bitcoin on track to surpass $100,000 in the coming months. The heightened open interest in BTC futures and rising stablecoin usage indicate that traders expect significant price swings, which could propel Bitcoin upward if fresh capital continues entering the market.
- Similarly, Fadi Aboualfa from Copper.co links Trumpâs victory to a possible policy shift in the U.S. that may benefit digital assets. He predicts that by Januaryâs inauguration, Bitcoin could reach $100,000. With around 1.1 million BTC held in ETFs, institutional demand is poised to drive further gains.
- Analyst Gert van Lagen highlighted Bitcoinâs recent breakout from a "Descending Broadening Wedge" pattern, signaling potential explosive growth. He projects BTC could hit $200,000 by May 2025, suggesting itâs now primed for parabolic gains.
$100,000 on the Horizon?
- Crypto influencer Lark Davis shared in a recent video his forecast for BTC to reach $100,000 within 90 days, citing Bitcoinâs recent high of $77,000 as a sign of growing market momentum.
- With factors like increased stablecoin dominance, institutional investment, and optimism surrounding Trumpâs policies, Bitcoin appears on the cusp of a substantial rally. Novemberâs promising start has investors watching closely, hopeful BTC has much more in store as it heads toward new all-time highs.
