{"id":142278,"date":"2024-11-15T08:30:00","date_gmt":"2024-11-15T06:30:00","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=142278"},"modified":"2024-11-15T01:06:56","modified_gmt":"2024-11-14T23:06:56","slug":"bitcoin-could-hit-100000-by-the-end-of-november-analyst-suggests","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-could-hit-100000-by-the-end-of-november-analyst-suggests\/","title":{"rendered":"Bitcoin Could Hit $100,000 by the End of November, Analyst Suggests"},"content":{"rendered":"<p>As the cryptocurrency continues to break records, analysts are projecting that <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>could soon reach $100,000, with some experts predicting it may happen within the next few weeks.<\/p>\n<p>Ryan Lee, chief analyst at Bitget Research, predicts that Bitcoin could reach the $100,000 milestone as early as November. He points to historical trends, noting that November has historically been one of the best months for Bitcoin\u2019s performance.<\/p>\n<p>According to Lee, a 14.7% rise from Bitcoin\u2019s current price would be enough to propel it beyond $100,000 before the month ends. He highlights both the post-halving cycle and past performance data as strong indicators for the potential price increase.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/could-u-s-crypto-momentum-push-china-to-rethink-its-ban\/\" title=\"Could U.S. Crypto Momentum Push China to Rethink Its Ban?\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/china-1-1-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Could U.S. Crypto Momentum Push China to Rethink Its Ban?<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>While the majority of analysts are optimistic about Bitcoin\u2019s trajectory, some, like those at Bitfinex, suggest that the price may experience some short-term consolidation before reaching $100,000. They acknowledge the bullish momentum, but expect a modest correction could occur before Bitcoin surges past the $100,000 mark within the next few months.<\/p>\n<p>Additionally, Bitfinex analysts believe that the political climate, particularly Trump\u2019s win, could help drive broader crypto adoption, pushing Bitcoin to new heights over the next few years. Despite potential short-term fluctuations, they remain confident in Bitcoin\u2019s long-term growth prospects.<\/p>\n<p><em><strong><a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-price-fast-track-100k-high-november-analysts\" target=\"_blank\" rel=\"nofollow\">Source<\/a><\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin has recently hit a new all-time high (ATH) of $93,000, following a dramatic surge after Donald Trump&#8217;s pro-crypto 2024 presidential win.<\/p>\n","protected":false},"author":7,"featured_media":92530,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72],"class_list":["post-142278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 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