Based on my research and with the just concluded US election, I have concluded that in the next three months, we are going to see Bitcoin (BTC) trading around $135,145.
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Based on the current Bitcoin price at the time of writing this post, Bitcoin price is $73,636 which is predicted to rise by more than 28% and reach $96,578 by December 2024. Based on numerous technical analysis indicators that I have used in the past to know the trend of Bitcoin I can say that the current sentiment about Bitcoin is bullish while the greed and fear index is telling us that Bitcoin is still bullish.
I have confidence that in the next five days, Bitcoin will reach its highest price of $85,130 in November around the second week, Bitcoin will achieve more than 16% growth compared to its current price. This is followed by the change in the past week.
BTC Prediction for NOVEMBER 2024
My forecast for November on the BTC trend is that there is going to be a continuation of the market trend with a potential price increase of about $92,035.
However, the expected price of BTC would be around $76,099 and $98,038 which will be influenced by the performance of last month's. Investors are going to witness a potential gain of more than $35% if they choose to buy Bitcoin especially as Trump has won the just concluded US election.
BTC Prediction for DECEMBER 2024
Based on my findings, Bitcoin is expected to finish this year by changing its direction of trading between $93,056 and $109,567. This would tell that the price of Bitcoin increased by more than 39% in comparison to its current price of today.
## BTC Prediction for JANUARY 2025
In January 2025, Bitcoin will be trading between $94,867 and $178,456. On average Bitcoin is expected to change its market and hit $135,156 during the year 2025. August could be the most bullish month for Bitcoin when BTC is anticipated to trade 150% higher than its current price of today.
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