Are we entering bullish December? Find out why
$BTC may reach 47K this month👇
Just as we expected due to the historical returns,
#Bitcoin is closing November in the green and preparing the ground for a price surge of up to 25% in December. Let us explain why.
The only three times in the last 11 years September closed in profit were 2015, 2016, and 2023.
And when that happened in 2015 and 2016
#Uptober was followed by bullish November and December growing 6.32% on average in November, which also turned out to be true this year since Bitcoin grew almost 8% this month.
However, the average Bitcoin price increase in December 2015 and 2016 was 24.27% and if the history is to repeat itself this year too,
$BTC would be worth around $47,000 in December.
#btcmonthlyreturns #historicalperformance #monthlyreturns