Almost Every December, Bitcoin Is in the Red, What About This Year?**
Every year, Bitcoin's (BTC) price is mostly in the red, meaning it's falling.
Over the past six years, Bitcoin has been in the red, falling 5.15% in 2019, plunging 18.9% in 2021, falling 3.59% in 2022, and plummeting 2.8% at the end of last year.
However, Bitcoin has only been in the green in 2020 and 2023, with increases of 46% and 12%, respectively.
However, Thomas Lee, Managing Partner and Head of Research at Fundstrat Global Advisors, believes Bitcoin could close this month at a price between US$150,000 and US$200,000.
"I think we can still reach $150,000 or $200,000 for Bitcoin, and then around $7,000 for Ethereum," he said in an interview with CNBC Television on YouTube on Monday (November 3).
Disclaimer Alert. Not Financial Advice (NFA). Do Your Own Research (DYOR).
