$BTC $BTC Currently, the Bitcoin price on November 29, 2024 is around $95,661 per BTC, with a slight daily decrease of -0.33% compared to the previous day. Over the past year, the price of Bitcoin has surged significantly, increasing by more than 150% from around $37,810 in November 2023.

Bitcoin Price Prediction for 2024

1. Bitcoin Halving 2024: The main factor affecting the price of Bitcoin is the halving event scheduled for April 2024. Halving usually reduces the supply of new Bitcoins, thereby creating upward pressure on the price.

2. Increased Adoption: Rising institutional interest and the legalization of Bitcoin in several countries may continue to drive its value up.

3. Market Volatility: While some analysts predict a potential increase to $120,000–$150,000 by the end of 2024, the high volatility in the crypto market poses challenges for accurate forecasting.

Investors should remain cautious due to the high risks in the cryptocurrency market and conduct thorough research before investing.