November 2024 marked Bitcoin's historic performance, soaring from around $67,000 to nearly $100,000, representing the best-performing month ever in terms of dollar increase.
Historically, Bitcoin thrives in Q4, and November has been a standout month. The upcoming December, known for strong past bull cycles, offers a promising outlook.
Despite a strengthening U.S. Dollar, which typically suppresses Bitcoin, its recent performance contradicts expectations; improving liquidity could further support its price.
Bitcoin's current path mirrors past bull cycles, especially the 2016-2017 rally, beginning with gradual increases, which signals potential for continued bullish sentiment.
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