$BTC

Bitcoin's price has been on a bullish trend, surpassing $84,000 as of today, marking a 5.6% increase over the past 24 hours. Analysts predict that this uptrend may continue due to several factors, including seasonal patterns and recent U.S. economic and political developments. Historically, Bitcoin has performed well in the fourth quarter, with many predicting it could reach $100,000 by month’s end if trends hold steady. November has consistently shown positive returns for Bitcoin, partly due to the aftermath of election cycles and expected market stability following recent political events.

Additionally, there's been significant institutional buying, especially in Bitcoin ETFs, signaling strong demand that could support future price growth. Meanwhile, the Fed's recent decisions and a pro-crypto narrative around Trump’s recent electoral win add further momentum, with some projections even aiming for a $200,000 BTC by 2025 if macroeconomic conditions continue favorably.

These trends suggest a mix of both short-term gains and potential long-term bullish outlooks, though market volatility remains a key factor for consideration.