According to Foresight News, as reported by CoinDesk, Bitcoin's performance in November has been remarkable, with a gain exceeding 36%. This marks the fourth-best month for Bitcoin since October 2021. The only months with higher gains were February 2024, with a 44% increase, January 2023, with a 40% rise, and October 2021, also with a 40% increase.
From a quarterly perspective, Bitcoin has seen a 51% increase so far, with December still ahead. The current market structure of Bitcoin resembles that of the fourth quarter of 2020. During both periods, Bitcoin experienced strong growth in October and November, followed by an adjustment around Thanksgiving in 2020, which marked the beginning of a bull market for the cryptocurrency.
