Bitcoin ($BTC) soared by 37.3% in November 2024, a significant rally coinciding with the U.S. election month. Historically, December following election months has seen Bitcoin rise by 30%–46%, supporting projections that the cryptocurrency could surpass $100,000. Recent FOMO-inducing developments suggest an even more ambitious target of $115,000 by the end of the month. Institutional players are at the forefront of Bitcoin’s bullish momentum. MicroStrategy announced plans to acquire an additional 15,400 BTC for $1.5 billion at an average price of $95,976 per coin. This brings the firm’s total Bitcoin holdings to 402,100 BTC, acquired at an average cost of $58,263,
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