Bitcoin - Overview as of 02.12.2024

Financial and commodity markets analytics


Over the month of November 2024

The price of bitcoin has increased by 37%. The price behavior of the supply-constrained cryptocurrency is consistent with previous periods after the halving, when the bitcoin price began to grow significantly roughly six months after the event itself. Technically, quotes have stabilized in the $90000-100000 range.

In the economic calendar

A large number of significant publications are scheduled for this week, therefore, there is a high probability of the price moving out of the planned range. On Monday, the market expects the publication of the index of business activity in the United States.