It's expected that there's a bull market when the 4th quarter of the year will come and I think this month might Bitcoin price spike in the market but as of now, there's no specific sign of it and I think to take a break if you do a DCA way of investing Bitcoin.
Seeing the market condition, the Bitcoin price breaking above the $23k to $24k mark in November could aid the uptrend to the $30k resistance level at the end of the year, what do you think?
Topic: Bull or bear November? - page 5. (Read 694 times)
But let us continue our monthly fun. Would the price of bitcoin increase or decrease in November?
It's probably around this levels as well, $20k-$25k give or take. The thing is that we are about to hit the last 2 months and specially in December we had some runs before Christmas so I think we might hit as high as $25k.
So in November, it could be around $22k-$23k the most, unless there is another news that will put the market again. Yes, the war is still in the background, but if the US has some good news about their economy and their monthly CPI, then maybe it will have a positive effect on the market this month.
For now there is nothing specific for a bullish move, and the world market too suffering. The price movements will happen within specific limits and could drop down. Even now experts have warned of the price pumping which could be a trap. I'm not sure, how far it is gonna be real in the market. Whether it is bull or bear, we need to keep ourselves face the worst which lets us keep our portfolio stable.
Most of the time we can experience good rise in the price over the end months. Maybe the same could happen, if not Elon Musk through Twitter needs to do some fortune to influence the market.
The last quarter of the year should be more bullish than bearish but I guess this time is different. The bear market is here to stay and it may even cross another year before we can finally witness a bullish market. However, whether it’s bearish or bullish, just continue to hold tight our bitcoin and the rest of good altcoins, that’s the only way to prevent us from losing and still become profitable in the end. Most of the time we can experience good rise in the price over the end months. Maybe the same could happen, if not Elon Musk through Twitter needs to do some fortune to influence the market.
The recent pump is not enough for the next bull trend, it’s too weak for that and I think the trend will continue to be like this until the end of November, anything can happen though and if there’s another good news or hype the price might be good. Any possible good news for this Month? It seems that many are hoping for the up trend, the previous years are quiet the same though, people tends to spend more because of holidays.
For now there is nothing specific for a bullish move, and the world market too suffering. The price movements will happen within specific limits and could drop down. Even now experts have warned of the price pumping which could be a trap. I'm not sure, how far it is gonna be real in the market. Whether it is bull or bear, we need to keep ourselves face the worst which lets us keep our portfolio stable.
Most of the time we can experience good rise in the price over the end months. Maybe the same could happen, if not Elon Musk through Twitter needs to do some fortune to influence the market.
Most of the time we can experience good rise in the price over the end months. Maybe the same could happen, if not Elon Musk through Twitter needs to do some fortune to influence the market.
Bitcoin highest price in August was $25200, $22800 in September, $21100 in October if it does not surpass it in few hours away to the month of November. In 2018, these three previous months were similar in a way the price of bitcoin did not have much volatility but followed by a massive bear market that decreased the price of bitcoin from $6600 to $3600 in November before the next massive bull run started that drove bitcoin up to $13970.
This is not to cause a panic, but unsure if bitcoin price will still decrease further? But yet buying at $20000 is going to be profitable in some weeks or some months to come.
What I know would happen is either the price will not fall more than expected before the next bull run start. Or the price of bitcoin may fall in a way it can get to $17600 again or below which would result to a massive bull run in some weeks or months to come.
But let us continue our monthly fun. Would the price of bitcoin increase or decrease in November?
This is not to cause a panic, but unsure if bitcoin price will still decrease further? But yet buying at $20000 is going to be profitable in some weeks or some months to come.
What I know would happen is either the price will not fall more than expected before the next bull run start. Or the price of bitcoin may fall in a way it can get to $17600 again or below which would result to a massive bull run in some weeks or months to come.
But let us continue our monthly fun. Would the price of bitcoin increase or decrease in November?
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