Bitcoin has gained on average in November, but that figure is “skewed” and market participants shouldn’t always rely on it, a crypto executive says.
Related Posts
Bitcoin Gets Stuck Between Two Giants As Price Fumbles, Which Will Prevail?
Bitcoin’s latest price action has turned into a fight for control around one of the most important areas. The price has been struggling to recover after falling back below $80,000, and the weakness is now taking place below two major on-chain levels that are converging at $78,000. On-chain data shows that the Short-Term Holder Cost […]
Bitcoin Struggles Around $100K As STH Losses Mount: SOPR Signals Pressure, Not Panic
Bitcoin has entered a critical phase, with the price falling from the $110,000 region to below $100,000 in under 48 hours. The sharp decline reflects mounting fear across the market as aggressive selling pressure forces short-term holders to capitulate. What began as a controlled retracement has quickly evolved into panic-driven behavior, with traders rushing to […]
‘Hundreds of simulations’ pin Bitcoin at 50% odds of $140K this month
Based on Bitcoin’s price at the start of October, a $140,000 price tag by the end of the month is consistent with its average gains in October over the years.