🤔 Why is Bitcoin price down today?
Bitcoin's "Uptober" high of 27.9% growth is showing signs of a slowdown. On Nov 2, BTC experienced a 2% drop in its intraday trading. Despite the market's initial positive response to the Fed's hold on interest rate hikes, concerns are surfacing over an overheated market indicated by BTC derivatives.
🧐 However, not all is bleak. Some analysts remain undeterred by the dip, proposing that Bitcoin is merely gearing up for a bull run.
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