Bitcoin Analysts Expecting Price Movement in November
Bitcoin’s Price Movement in November
Bitcoin’s ongoing sideways price movement could potentially turn bullish in early November, following patterns observed in previous cycles, according to market observers.
Analyst’s Insights
In October 10, cryptocurrency analyst Miles Deutsch referred to a chart from CryptoCon, noting that recent patterns in Bitcoin’s price resemble those seen in previous cycles.
“This is a typical sideways price movement that occurs from the second quarter to the fourth quarter in the years before halving events.”
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Deutsch also highlighted that November 21 has historically been a significant turning point for Bitcoin’s price, marking the beginning of an upward trend leading to the next halving event.
Read more at Cointelegraph.
