Bitcoin Price Forecast: Nearing All-Time Highs

Tina Collins

Nov 1, 2024

Bitcoin (BTC) trading around $72,200, just below its all-time high of $73,620.

BTC experienced a slight correction after reaching its peak on Tuesday.

US spot Bitcoin ETFs saw significant inflows of $827 million on Tuesday, marking the third-largest single-day inflow since their launch.

Analysts expect strong buying support if Bitcoin dips below $70,000, especially with the US presidential election approaching.

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NEW US BILL PROPOSES SELLING GOLD TO BUY BITCOIN

MICROSTRATEGY BUYS $4.6 BILLION WORTH OF BITCOIN IN HISTORIC DEAL

US FEDERAL RESERVE PREPARING A STRONG SURPRISE FOR MARKETS

GOLDMAN SACHS EXPECTS RBA AND NZRB TO CUT INTEREST RATES