Members of the cryptocurrency community predicted a rise in bitcoin value in November

Members of the CoinMarketCap cryptocurrency community took part in a survey to predict the value of bitcoin in November. Users' forecasts are mostly optimistic, with fans of BTC expecting the flagship cryptocurrency to rise in value in the near future, and the new price will become the basis for further growth.

According to the forecasts of crypto community members, bitcoin will trade at an average price of $ 21,451 by the end of November. At the time of writing, this figure is $ 21,108. The forecast assumes that the Cryptocurrency will grow by about 4.22%.

As for the opinion of cryptocurrency analysts, Michael van de Poppe, founder of Eight, is convinced that bitcoin will rise to $ 30,000 in November. According to the expert, bitcoin has been consolidating around $ 20,000 for a long time, so we can expect growth in the near future. «Within two to three weeks, bitcoin will break through several levels. I think we will reach $ 30,000,» said Michael van de Poppe.

However, not all analysts believe in the growth of CTS. For example, Peter Brandt predicted that the flagship cryptocurrency would fall to $ 13,000. However, Brandt is convinced that after such a collapse, bitcoin will reach a new historical high. According to the expert, bitcoin always drops on the eve of any major milestone, and this should happen in early 2023.