November has been one of the most exciting months in crypto history. Let's take a look at why this period is causing such a stir:
1. In one day, we saw Bitcoin jump from $80,000 to $90,000, followed by a quick correction to $86,000.
2. Bitcoin ETF is showing impressive results, attracting from $600 million to $1.2 billion daily. It's just WOW!
3. Liquidations of longs and shorts in November reached $600 million - $1 billion daily, indicating high volatility and tension in the market.
It is interesting to observe not only the market itself, but also the reaction of people on social networks. Over the past week, many have changed their minds several times: sometimes there are cries that “this is a trap, we are waiting for a fall to $40,000”, then forecasts about the imminent reaching of $100,000 “without corrections”. As soon as a small correction began, new panic calls appeared: “short, get ready for a fall to $60,000!”
It's a dynamic and nervous market where panic and FOMO (fear of missing out) intertwine, some lose capital and others make fortunes. It's truly exciting to watch!
How are you? Did you make any money? Lost any?
Write in the comments, let's discuss.