Currently, the price of Bitcoin$BTC has seen significant fluctuations in November 2024, with the average price hovering around $69,000. Last month, Bitcoin$BTC reached a high of $73,750, and the momentum around this price seems to be driven by the growing demand for Bitcoin$BTC -backed exchange-traded funds (ETFs) in the United States. This increased interest in the funds could push the price to $75,000 if the buying momentum continues, especially as the US elections approach and Bitcoin trading increases due to the “fear of missing out” (FOMO) situation.

The forecast for November suggests a range of $68,750 to $77,917, with expectations of $80,000 or higher before the end of the year, but given the volatile nature of the market, short-term pullbacks are possible.