Bitcoin fell back to $95K, marking a loss of 1.70% in the last 24 hours.
Historically, post-election Decembers have delivered strong growth.
The largest cryptocurrency, Bitcoin (BTC), has registered a gain of over 37% in November. This notable surge and the entire crypto market rally followed Donald Trump’s victory in the US presidential elections.
BTC brought in an anticipation of hitting the long-term goal, trading at $99K a few days back, hitting a series of record highs. Analysts predict that BTC could rally to the $100K milestone in December, while BTC is currently hovering around $96K.
As per on-chain analysis, historically, post-election Decembers have delivered strong growth, ranging from 30% to 46%. This trend supports the earlier predictions of BTC reaching $100K. With heightened FOMO-driven market and the recent momentum, it suggests Bitcoin could hit $115K in December.
As of press time, BTC has lost 1.70%, trading at $95,408 with a market cap of $1.89 tri
We współpracy z: https://thenewscrypto.com/will-the-december-rally-push-bitcoin-btc-to-100k/
