Since the beginning of November, the wider cryptocurrency market has entered a renewed bull run.
The continued and rapid rise of institutional adoption, geopolitical and inflationary tensions, and the election of Donald Trump, who is widely seen as the first pro-crypto President are providing strong tailwinds for digital assets.
It comes as no surprise that the biggest beneficiary has been Bitcoin (BTC). Over the course of the last thirty days, BTC prices have risen by 45.53% — bringing year-to-date (YTD) gains up to 123.86%. At press time, one Bitcoin was worth $98,010 — analysts are generally euphoric, setting ever-higher price targets.
Bitcoin price YTD chart. Source: Finbold
However, a notable number of experts are reminding investors that such phases tend to last a couple of months before being followed by a pullback. Similar sentiments were echoed by renowned crypto researcher Michaël van de Poppe in an X post on November 21.
van de Poppe predicts BTC fl
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