"Bitcoin, to Surge in December After US Election, Expected to Reach 140K by Year-End"

Source
Son Min

Summary

  • Analyst Ali Martinez predicted that Bitcoin will surge in December following the US election.
  • Based on historical patterns, Bitcoin is expected to reach between 125,000 to 140,000 dollars by year-end.
  • Bitcoin's strong upward trend could present a significant opportunity for investors.

A claim has emerged that Bitcoin will surge in December, aligning with the US election.

On the 29th (local time), analyst Ali Martinez stated through X that "historically, Bitcoin surged in December following the US election," noting "in the past two weeks, it surged by 30% and 46% respectively." He further predicted, "If history repeats, we will see a surge in Bitcoin," expecting it to reach between 125,000 to 140,000 dollars by the end of the year.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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