December Crypto Forecast: Bitcoin's Potential Surge and Ethereum's Rise
TL;DR Summary
Bitcoin has surged by nearly 40% in November, reaching a high of $99,800 before correcting to $90,742. Analyst Ali Martinez predicts a potential December rally to $125,000-$140,000, citing historical post-U.S. presidential election trends where Bitcoin has seen significant gains. Despite recent corrections, indicators like the NVT Golden Cross and stock-to-flow ratio suggest long-term confidence and scarcity, supporting the possibility of further price increases.
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