Experts have announced: The date when the price of Bitcoin will reach 100,000 dollars has been revealed.

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Donald Trump's presidential victory and historical returns are expected to push Bitcoin to a record peak of $100,000. Analysts indicate that Bitcoin is likely to reach $100,000 in a short period. This situation signifies a rising momentum that surpasses traditional financial assets.

BITCOIN CONTINUES TO RISE: $100,000 IS NOW VERY CLOSE

The leading cryptocurrency Bitcoin broke a new record by surpassing $93,000 on November 13, following Donald Trump's victory in the U.S. presidential elections. Experts predict that Bitcoin may test the $100,000 level by the end of November.

Ryan Lee from Bitget Research highlighted the 100% value increase Bitcoin has exhibited since the beginning of 2023, emphasizing that it has lagged behind traditional investment vehicles. Lee pointed out that November is historically one of the most productive periods for Bitcoin.

According to CoinGlass data, Bitcoin has provided an average return of over 44% in November months. The increase of over 20% in the first half of this month has raised investors' expectations.

Bitfinex experts evaluate that cryptocurrencies could become more widespread in the U.S. with Trump's presidency, potentially pushing Bitcoin above $100,000. Additionally, Crypto.com CEO Kris Marszalek draws attention to the high leverage usage in the market. Marszalek warns investors that the leverage ratios, which peaked at 0.215 in October 2023, are not sustainable.

After overcoming the effects of the U.S. banking crisis in 2023, the cryptocurrency markets are expected to see the continuation of the upward trend in Bitcoin and reach new peaks by the end of November.