Analysts Predict Bitcoin Will Hit $100,000 in November

Analysts predict Bitcoin’s highly anticipated $100,000 all-time high could arrive in November, driven by historical chart trends and rising demand since the recent U.S. election. Bitcoin reached a new record high of $90,000 on Nov. 13, just over a week after Donald Trump’s 2024 presidential election win. With a more than 100% rally year-to-date, Bitcoin has outperformed most traditional financial assets, noted Ryan Lee, chief analyst at Bitget Research. Lee pointed out that November historically yields the highest returns for Bitcoin, suggesting BTC could hit $100,000 before the month’s end. “If history repeats itself and Bitcoin prices grow as projected,