Odaily Planet Daily News: 10x Research founder and CEO Markus Thielen stated today: "Bitcoin is consolidating before the Thanksgiving long weekend as traders expect implied volatility to decrease." He added that Bitcoin has a historical trend of weakening at the end of the month, which "helps alleviate its overbought technical condition." Thielen mentioned that broader macroeconomic factors, such as strong economic growth data, could lead the Federal Reserve to keep interest rates stable in December, which may surprise the market and affect high-risk assets. However, he remains optimistic for the coming weeks, stating, "Despite these short-term headwinds, we still believe Bitcoin will break the $100,000 milestone in the coming weeks and maintain a positive outlook for 2025." (Cointelegraph)

#BTC