Bitcoin Price Today: Is $100K BTC Possible in November?

Discover why Bitcoin price today is up 1.57% and if there is a chance for BTC to hit $100K before November 2024 ends.
By Akash Girimath
November 19, 2024 | Updated November 19, 2024
Bitcoin Price Today: Is $100K BTC Possible in November?

Highlights

  • Bitcoin price today is up 1.57% and is likely to continue this bullish outlook.
  • Although BTC could hit $100K in 2024, it is unlikely it can do that before November ends.
  • However, a move to $100K is possible before the end of 2024 when the liquidity is relatively less due to the holidays.

Bitcoin (BTC) price today trades at $92,309.0 as of 11 PM. BTC price hit a daily high of $94,041.0 today after sliding 1.88% on October 8.

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Why Is Bitcoin Price Up Today?

Bitcoin price today is up 1.88% today and currently auctions around $92,309.0 on November 18, 2024. This bullish outlook is due to the recent breakout from the $75k hurdle and the seven-month consolidation, allowing buyers to push BTC higher. The overall trend remains bullish, with a few altcoins shooting higher.

*bitcoin price updated as of 11 PM.

Price of BTC trades at $92,309.0, bringing the year-to-date gain from 56% on October 20 to 108% as of November 18. Although many altcoins have shot up in excess of triple digits, Bitcoin is catching up. Ethereum price’s YTD performance is lackluster, stands at 39%, and is well below BTC.

Although Bitcoin is the largest cryptocurrency by market capitalization, Bitcoin’s popularity is due to its first-mover advantage and its being a secure, decentralized network. In addition, many narratives, like digital gold, inflation hedges, and uncorrelated assets, have kept BTC at the forefront of the crypto market since its inception in 2009.

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Bitcoin Price Eyes Bullish End to 2024

Industry veterans’ speculation of a bull run post-US elections was right and Bitcoin is likely to end November and 2024 on a positive note. Many even expect a six-digit target for BTC by the end of November and is due to the historical returns. History shows that Bitcoin has always performed massively in the fourth quarter.

Historical Bitcoin Price Performance
Historical Bitcoin Price Performance

With that said, if Bitcoin price hits a new ATH in November or December, Bitcoin’s market capitalization, which stands at $1,825.6 billion could push toward the $2 trillion mark.

Bitcoin: The Largest Cryptocurrency

While Bitcoin’s market cap hovers around $1,825.6 billion, with Ethereum, the duo controls nearly 65% of the total cryptocurrency market capitalization which stands at $2.40 trillion. Despite the seven-month consolidation, Bitcoin’s $1.3 trillion market cap remains strong with anticipation of it reaching $2 trillion in 2025.

BTC’s 24-hour Trading Volume

Being the top crypto has its benefits; more people tend to flock toward the asset. Likewise, BTC’s 24-hour trading volume stands at $79.2 billion. With a major portion of this volume being contributed by Binance, one of the largest cryptocurrency exchanges. Binance’s share of BTC’s 24-hour trading volume is made up of spot and perpetuals trading. While spot volume hovers around 11%, perpetual volume stands at 41%. Exchanges like OKX, Bitget, etc, follow Binance.

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Bitcoin Blockchain Upgrades

With a market cap of $1.3 trillion, it is necessary for the network to remain secure, decentralized and scalable. This is possible by upgrading the Bitcoin network on a regular basis.

Here are some notable upgrades the Bitcoin network has received or planned to receive since its inception in 2009.

Bitcoin Network Upgrades Since 2009

Here are some key milestone upgrades to the Bitcoin network over the past decade.

2020-2024

  • Taproot Upgrade (November 2021)
  • Muir Glacier Upgrade (January 2020)
2017-2019
  • Schnorr/Tapscript Upgrade (proposed, not activated)
  • SegWit2x (canceled)
  • Segregated Witness (SegWit) Upgrade (August 2017)
2015-2016
  • Bitcoin Core 0.12.0 Upgrade (February 2016)
  • BIP66 Upgrade (July 2015)
2013-2014
  • Bitcoin Core 0.9.0 Upgrade (March 2014)
  • BIP0016 Upgrade (May 2013)
2010-2012
  • Pay-to-Script-Hash (P2SH) Upgrade (April 2012)
  • Bitcoin Core 0.6.0 Upgrade (June 2011)
2009-2010
  • Bitcoin Core 0.3.0 Upgrade (October 2009)

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Bitcoin Price Forecast For Next Month

Date Price Change
October 08, 2025124839.940.1%
October 09, 2025126379.411.33%
October 10, 2025128187.382.78%
October 11, 2025130337.074.51%
October 12, 2025131989.065.83%
October 13, 2025132877.246.54%
October 14, 2025132286.546.07%
October 15, 2025131358.035.33%
October 16, 2025130589.684.71%
October 17, 2025130888.724.95%
October 18, 2025131347.405.32%
October 19, 2025131845.945.72%
October 20, 2025131769.985.66%
October 21, 2025131576.945.5%
October 22, 2025131275.835.26%
October 23, 2025131019.875.05%
October 24, 2025130877.544.94%
October 25, 2025130902.844.96%
October 26, 2025129723.764.02%
October 27, 2025128600.273.11%
October 28, 2025128209.642.8%
October 29, 2025127924.882.57%
October 30, 2025127590.002.3%
October 31, 2025126775.801.65%
November 01, 2025126721.481.61%
November 02, 2025127158.111.96%
November 03, 2025127219.692.01%
November 04, 2025127461.032.2%
November 05, 2025127897.112.55%
November 06, 2025127691.772.39%

Based on Coingape’s Bitcoin price prediction, investors can expect a double-digit rally that leads to a peak of $104,725 as of November 26, leading to a correction. In a month from now the largest crypto by market cap, could be exchanging hands at around $87k.

Bitcoin Price Forecast Between 2025 and 2029

2025
2026
2027
2028
2029
Month Minimum Price Average Price Maximum Price Potential ROI
January $108,025.59 $130,128.33 $119,076.96 -4.7%
February $107,307 $127,379.42 $117,343.21 -6.1%
March $106,588.41 $124,630.51 $115,609.46 -7.5%
April $105,869.82 $121,881.59 $113,875.71 -8.9%
May $105,151.23 $119,132.68 $112,141.96 -10.3%
June $104,432.64 $116,383.77 $110,408.21 -11.7%
July $103,714.05 $113,634.86 $108,674.45 -13.1%
August $102,995.46 $110,885.95 $106,940.70 -14.5%
September $102,276.87 $108,137.04 $105,206.95 -15.8%
October $101,558.28 $105,388.12 $103,473.20 -17.2%
November $100,839.69 $102,639.21 $101,739.45 -18.6%
December $100,121.10 $99,890.30 $100,005.70 -20%
All Time $104,073.35 $115,009.31 $109,541.33 -12.4%
Month Minimum Price Average Price Maximum Price Potential ROI
January $115,367.76 $115,837.44 $120,186.14 -3.9%
February $130,614.42 $131,784.58 $140,366.58 12.3%
March $145,861.08 $147,731.73 $160,547.03 28.4%
April $161,107.73 $163,678.87 $180,727.47 44.6%
May $176,354.39 $179,626.01 $200,907.91 60.7%
June $191,601.05 $195,573.15 $221,088.35 76.9%
July $206,847.71 $211,520.29 $241,268.79 93%
August $222,094.37 $227,467.43 $261,449.23 109.2%
September $237,341.03 $243,414.58 $281,629.68 125.3%
October $252,587.68 $259,361.72 $301,810.12 141.4%
November $267,834.34 $275,308.86 $321,990.56 157.6%
December $283,081 $291,256 $342,171 173.7%
All Time $199,224.38 $203,546.72 $231,178.57 84.9%
Month Minimum Price Average Price Maximum Price Potential ROI
January $293,105.67 $301,570.33 $354,786.17 183.8%
February $303,130.33 $311,884.67 $367,401.33 193.9%
March $313,155 $322,199 $380,016.50 204%
April $323,179.67 $332,513.33 $392,631.67 214.1%
May $333,204.33 $342,827.67 $405,246.83 224.2%
June $343,229 $353,142 $417,862 234.3%
July $353,253.67 $363,456.33 $430,477.17 244.4%
August $363,278.33 $373,770.67 $443,092.33 254.5%
September $373,303 $384,085 $455,707.50 264.6%
October $383,327.67 $394,399.33 $468,322.67 274.6%
November $393,352.33 $404,713.67 $480,937.83 284.7%
December $403,377 $415,028 $493,553 294.8%
All Time $348,241.33 $358,299.17 $424,169.58 239.3%
Month Minimum Price Average Price Maximum Price Potential ROI
January $417,320.67 $429,730 $511,190.25 308.9%
February $431,264.33 $444,432 $528,827.50 323%
March $445,208 $459,134 $546,464.75 337.2%
April $459,151.67 $473,836 $564,102 351.3%
May $473,095.33 $488,538 $581,739.25 365.4%
June $487,039 $503,240 $599,376.50 379.5%
July $500,982.67 $517,942 $617,013.75 393.6%
August $514,926.33 $532,644 $634,651 407.7%
September $528,870 $547,346 $652,288.25 421.8%
October $542,813.67 $562,048 $669,925.50 435.9%
November $556,757.33 $576,750 $687,562.75 450%
December $570,701 $591,452 $705,200 464.1%
All Time $494,010.83 $510,591 $608,195.13 386.5%
Month Minimum Price Average Price Maximum Price Potential ROI
January $592,288.17 $613,774.33 $729,717.58 483.8%
February $613,875.33 $636,096.67 $754,235.17 503.4%
March $635,462.50 $658,419 $778,752.75 523%
April $657,049.67 $680,741.33 $803,270.33 542.6%
May $678,636.83 $703,063.67 $827,787.92 562.2%
June $700,224 $725,386 $852,305.50 581.8%
July $721,811.17 $747,708.33 $876,823.08 601.4%
August $743,398.33 $770,030.67 $901,340.67 621%
September $764,985.50 $792,353 $925,858.25 640.7%
October $786,572.67 $814,675.33 $950,375.83 660.3%
November $808,159.83 $836,997.67 $974,893.42 679.9%
December $829,747 $859,320 $999,411 699.5%
All Time $711,017.58 $736,547.17 $864,564.29 591.6%

By 2025, Bitcoin price could hit the six-digit territory and expect a massive bull run to kickstart in the years leading up to 2029. Coingape’s Bitcoin price prediction notes that BTC could trade between $82,213.41 and $660,471.83 by 2029.

Bitcoin Price Outlook between 2030 and 2050

2030
2031
2032
2033
2040
2050
Month Minimum Price Average Price Maximum Price Potential ROI
January $860,788.25 $890,761.25 $1,035,646.25 728.5%
February $891,829.50 $922,202.50 $1,071,881.50 757.5%
March $922,870.75 $953,643.75 $1,108,116.75 786.5%
April $953,912 $985,085 $1,144,352 815.5%
May $984,953.25 $1,016,526.25 $1,180,587.25 844.4%
June $1,015,994.50 $1,047,967.50 $1,216,822.50 873.4%
July $1,047,035.75 $1,079,408.75 $1,253,057.75 902.4%
August $1,078,077 $1,110,850 $1,289,293 931.4%
September $1,109,118.25 $1,142,291.25 $1,325,528.25 960.4%
October $1,140,159.50 $1,173,732.50 $1,361,763.50 989.4%
November $1,171,200.75 $1,205,173.75 $1,397,998.75 1018.4%
December $1,202,242 $1,236,615 $1,434,234 1047.4%
All Time $1,031,515.13 $1,063,688.13 $1,234,940.13 887.9%
Month Minimum Price Average Price Maximum Price Potential ROI
January $1,255,606.58 $1,292,267.75 $1,489,974.50 1091.9%
February $1,308,971.17 $1,347,920.50 $1,545,715 1136.5%
March $1,362,335.75 $1,403,573.25 $1,601,455.50 1181.1%
April $1,415,700.33 $1,459,226 $1,657,196 1225.7%
May $1,469,064.92 $1,514,878.75 $1,712,936.50 1270.3%
June $1,522,429.50 $1,570,531.50 $1,768,677 1314.9%
July $1,575,794.08 $1,626,184.25 $1,824,417.50 1359.5%
August $1,629,158.67 $1,681,837 $1,880,158 1404.1%
September $1,682,523.25 $1,737,489.75 $1,935,898.50 1448.7%
October $1,735,887.83 $1,793,142.50 $1,991,639 1493.3%
November $1,789,252.42 $1,848,795.25 $2,047,379.50 1537.9%
December $1,842,617 $1,904,448 $2,103,120 1582.4%
All Time $1,549,111.79 $1,598,357.88 $1,796,547.25 1337.2%
Month Minimum Price Average Price Maximum Price Potential ROI
January $1,915,558.67 $1,978,585.25 $2,194,599.50 1655.6%
February $1,988,500.33 $2,052,722.50 $2,286,079 1728.8%
March $2,061,442 $2,126,859.75 $2,377,558.50 1802%
April $2,134,383.67 $2,200,997 $2,469,038 1875.2%
May $2,207,325.33 $2,275,134.25 $2,560,517.50 1948.3%
June $2,280,267 $2,349,271.50 $2,651,997 2021.5%
July $2,353,208.67 $2,423,408.75 $2,743,476.50 2094.7%
August $2,426,150.33 $2,497,546 $2,834,956 2167.9%
September $2,499,092 $2,571,683.25 $2,926,435.50 2241.1%
October $2,572,033.67 $2,645,820.50 $3,017,915 2314.3%
November $2,644,975.33 $2,719,957.75 $3,109,394.50 2387.4%
December $2,717,917 $2,794,095 $3,200,874 2460.6%
All Time $2,316,737.83 $2,386,340.13 $2,697,736.75 2058.1%
Month Minimum Price Average Price Maximum Price Potential ROI
January $2,817,183.50 $2,896,327 $3,323,170.25 2558.5%
February $2,916,450 $2,998,559 $3,445,466.50 2656.3%
March $3,015,716.50 $3,100,791 $3,567,762.75 2754.1%
April $3,114,983 $3,203,023 $3,690,059 2852%
May $3,214,249.50 $3,305,255 $3,812,355.25 2949.8%
June $3,313,516 $3,407,487 $3,934,651.50 3047.6%
July $3,412,782.50 $3,509,719 $4,056,947.75 3145.5%
August $3,512,049 $3,611,951 $4,179,244 3243.3%
September $3,611,315.50 $3,714,183 $4,301,540.25 3341.1%
October $3,710,582 $3,816,415 $4,423,836.50 3439%
November $3,809,848.50 $3,918,647 $4,546,132.75 3536.8%
December $3,909,115 $4,020,879 $4,668,429 3634.6%
All Time $3,363,149.25 $3,458,603 $3,995,799.63 3096.5%
Month Minimum Price Average Price Maximum Price Potential ROI
January $5,501,903.50 $6,011,214.58 $6,285,974.17 4928.6%
February $5,495,202 $5,991,110.17 $6,259,168.33 4907.2%
March $5,488,500.50 $5,971,005.75 $6,232,362.50 4885.7%
April $5,481,799 $5,950,901.33 $6,205,556.67 4864.3%
May $5,475,097.50 $5,930,796.92 $6,178,750.83 4842.8%
June $5,468,396 $5,910,692.50 $6,151,945 4821.4%
July $5,461,694.50 $5,890,588.08 $6,125,139.17 4800%
August $5,454,993 $5,870,483.67 $6,098,333.33 4778.5%
September $5,448,291.50 $5,850,379.25 $6,071,527.50 4757.1%
October $5,441,590 $5,830,274.83 $6,044,721.67 4735.6%
November $5,434,888.50 $5,810,170.42 $6,017,915.83 4714.2%
December $5,428,187 $5,790,066 $5,991,110 4692.7%
All Time $5,465,045.25 $5,900,640.29 $6,138,542.08 4810.7%
Month Minimum Price Average Price Maximum Price Potential ROI
January $7,013,083.67 $7,344,805.92 $7,612,864.75 5990.1%
February $7,029,837.33 $7,371,611.83 $7,666,476.50 6033%
March $7,046,591 $7,398,417.75 $7,720,088.25 6075.9%
April $7,063,344.67 $7,425,223.67 $7,773,700 6118.8%
May $7,080,098.33 $7,452,029.58 $7,827,311.75 6161.6%
June $7,096,852 $7,478,835.50 $7,880,923.50 6204.5%
July $7,113,605.67 $7,505,641.42 $7,934,535.25 6247.4%
August $7,130,359.33 $7,532,447.33 $7,988,147 6290.3%
September $7,147,113 $7,559,253.25 $8,041,758.75 6333.2%
October $7,163,866.67 $7,586,059.17 $8,095,370.50 6376.1%
November $7,180,620.33 $7,612,865.08 $8,148,982.25 6419%
December $7,197,374 $7,639,671 $8,202,594 6461.9%
All Time $7,105,228.83 $7,492,238.46 $7,907,729.38 6226%

The bullish explosive trend noted up to 2029 will continue for BTC based on CoinGape predictions and potentially push the average price of BTC in 2050 between $2.9 million and $3.3 million. Investors should note that these long-term predictions can change and, hence, should be taken with a grain of salt.

Will Bitcoin Price Hit $100,000 Before November Ends?

The seven-month consolidation that Bitcoin underwent between March and November 2024, created a range. This range extended from roughly $59K to $69K with the highest traded volume level formed at $63K. A breakout from this sideways movement was followed by a retest of $69K, which in hindsight seems to have provided support to propel BTC to new highs.

The resulting spike in buying pressure around $69K was followed by a near-40% rally to new all-time high of $93,400.

After the explosion move BTC has been moving slowly, but climbing higher and so is the Open Interest (OI). With the price and OI producing higher highs, it would signal that buyers are active. However, a closer look at CVD aka Cumulative Volume Delta shows that it is the other way around. A drop in CVD with rising price and OI indicates profit-taking. This bearish divergence suggests that there might be a short-term correction.

For a Bitcoin price forecast of $100,000, BTC needs to correct. The above sell signal could be the key to accumulating Bitcoins at a discount. The daily imbalance at $85,150 could be a good place to accumulate BTC and is a place where unfilled buy orders are likely to be present. So, a dip into this level could provide the necessary demand to propel BTC’s value to hit $100,000.

Although it is unlikely that BTC might visit $100,000 in the next two weeks, aka in November, especially after the recent 40% move. During the December holidays, when the orderbooks and liquidity are thin, $100K seems more than likely.

BTC/USDT 1-day chart
BTC/USDT 1-day chart

On the other hand, if Bitcoin price slips below $70K without a proper support form bulls, it could invalidate the bullish thesis and potentially trigger a 9% crash to $63K.

Akash Girimath
Senior Cryptocurrency Analyst & Market Strategist Engineer-turned-analyst Akash Girimath delivers data-driven insights on cryptocurrency markets, DeFi, and blockchain technology for platforms like AMBCrypto and FXStreet. Specializing in technical analysis, on-chain analytics, and risk management, he empowers institutional investors and retail traders to navigate market volatility and regulatory shifts. A hands-on strategist, Akash merges active crypto portfolio management with research on Web3, NFTs, and tokenomics. At AMBCrypto, he led cross-functional teams to redesign content frameworks, achieving record-breaking traffic growth through scalable editorial strategies. His analyses dissect market sentiment, investment strategies, and price predictions, blending macroeconomic trends with real-world trading expertise. Known for mentoring analysts and optimizing workflows for high-impact reporting, Akash’s work is cited across global crypto publications, reaching 500k+ monthly readers. Follow his insights on YouTube, X, and LinkedIn for cutting-edge perspectives on decentralized ecosystems and crypto innovation.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Methodology

CoinGape prepared a review methodology to rate crypto exchanges, tools, and apps. We curated a list of metrics to evaluate crypto platforms based on their services, user experience, security and customer support, payment gateways and charges, pricing and promotions. Visit our Review Methodology page to learn more about how we review each crypto platform.

This content is purely for educational purposes and should not be considered as financial advice. Do your own research before investing in any crypto platform and only invest the amount you can afford to lose.