Remember the Bitcoin November 2024 Surge: A Lesson in Market Momentum

Bitcoin experienced a significant rally in November 2024, unexpectedly shaking the market and rekindling interest among retail investors. This surge was fueled by a confluence of bullish factors, including heightened ETF speculation, favorable macro trends, and on-chain signals of increased buying activity. The combination of these forces propelled Bitcoin past resistance levels, triggering a rapid price increase that caught many short sellers off guard.