Bitcoin finished October with a price increase of 10.7%, making it the third-best month for growth this year, although slightly below the usual average for October. Let's not forget that after 'Uptober' comes 'Moonvember' - historically, on average, the best month for BTC performance!
Bitcoin has every chance to set an ATH in November, especially considering catalysts such as the US elections and the increasing inflow of funds into Bitcoin ETFs. By the way, in just 10 months, American Bitcoin funds have surpassed the 50% mark of the 'gold' funds that have been traded in the market for 20 years.
At 10x Research, it was noted that every time Bitcoin reaches a six-month high, its price increases by at least 40% in the following three months. Accordingly, BTC could exceed $100,000 by the end of January 2025. This supports the thesis that BTC may set a new all-time high in November.
Price forecasts$BTC for 2025 and beyond on the chart from public figures are even more optimistic-)
