Bitcoin is expected to experience a significant increase in its market value in November 2024. Recently, the currency surpassed the $92,000 mark for the first time this year, with a 7% increase in just one day. This rise is attributed to increased institutional interest, with major companies like MicroStrategy investing billions of dollars in Bitcoin, as well as large inflows into Bitcoin exchange-traded funds.

On the other hand, expectations suggest the possibility of continuation of this upward trend until the end of the year. Some analysts estimate that Bitcoin could reach $100,000 by December 2024, supported by increased investor confidence and expectations of continued growth.

However, the market remains susceptible to short-term fluctuations, with the potential for price decline if certain resistance points are exceeded or if buying momentum recedes .

If you are interested in investing or trading, it is important to monitor market news and analyze trends carefully to avoid risks.