SynFutures co-founder : Bitcoin could reach $47,000 by the end of November✔️

According to The Block : #BTC🔥🔥 price could reach $47,000 by the end of November, according to Rachel Lin, co-founder of the multi-chain decentralized exchange SynFutures.

"Last week has cemented October's reputation as 'Uptober,' with bitcoin witnessing nearly a 29% increase in value," Lin said in a statement shared with The Block.

"Even more interesting is that when we look at historical data, November tends to be even better than October, with an average return of over 35% in bitcoin. If this November were to deliver similar returns, we could see $BTC reach around $47,000."

Beyond the price increase, the crypto market is also witnessing a rise in the number of users and transactions, according to Lin, a further positive sign for the ecosystem.