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🚀 Bitcoin's November Rollercoaster: Will It Turn Green? 📈 #Bitcoin enthusiasts, brace yourselves! After a stellar +10.76% monthly close in October, $BTC is currently down -1.9% in November. 😲 The crypto market is known for its volatility, but will the king of cryptocurrencies recover by month's end? Despite the recent dip, many analysts are optimistic, citing increased institutional interest and the upcoming #BTC halving as bullish signals. 🌟 However, global economic factors and regulatory news could play spoilsport. 🤔 Will Bitcoin turn green by November's end? Yes or No?
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FED's Reverse Repo Plummet: What It Means for #Crypto and Markets 📉 The FED's reverse repo has nosedived by $46 billion overnight, hitting a low of $155 billion—unseen since 2021. 🔍 What does this signify? • Higher Short-term Interest Rates: Expect borrowing costs to rise. • Reduced Spending: Higher rates often lead to less consumer spending. This scenario is generally #bearish for both stocks and #cryptocurrency markets. 🌩️ The FED might need to inject liquidity soon or risk market drawdowns.
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Bitcoin Ends October 2024 with an 11.2% Gain✅ #Bitcoin finished October up by 11.2%, making it the third-best month this year, though a bit below the usual October average. Historically, November has been a positive month for $BTC , with average gains around 7.6%. New ATH for #BTC in November?
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$FET is still consolidating on this massive Power of 3. Lately, we are having a correction but this recent deviation and support reclaim is promising for a reversal. Let's see if we can break that trendline! #Fetch_ai #Fetupdate #FET
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$TON has been downtrending lately and is now back at support. Holding here is a good first sign, but to gain confidence in a #bullish momentum, I would like to see a market structure break and a breakout from that trend line. #TonAnalysis
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