BlockBeats News, November 13th, BRN analyst Valentin Fournier stated, "Bitcoin's uptrend has paused. We believe this indicates that large investors may be taking profits, potentially leading to a short-term pullback, after which the price will resume its upward momentum."
Fournier suggested that future events and technical indicators may hint at a potential price reversal. "Currently, the upside potential seems greater than the short-term downside risk. However, today's upcoming CPI data, if higher than expected, could trigger market volatility." (The Block)
