Bitcoin (BTC) continues its impressive upward trajectory, eyeing a remarkable milestone of $40,000 as it heads for its fourth consecutive week of gains. With a surge of over 40% in value over the past month, driven by growing hopes of a spot ETF approval, Bitcoin has enthralled its holders. On November 9th, BTC soared to nearly $38,000, marking its highest price since May 2022. However, it still has some ground to cover to reclaim its peak of nearly $69,000, achieved during the crypto frenzy of 2021. Traders are now setting their sights on surpassing the $40,000 mark and aiming even higher. Notably, seasoned trader Peter Brandt has outlined a price target of $43,289 if Bitcoin's flag or pennant pattern confirms. Exciting times lie ahead for Bitcoin enthusiasts.
