🔥 What will happen to BTC in November
In October, BTC reached $35,000 and consolidated around this level. But the Bitfinex Alpha report suggests continued growth is likely in November.
📊 Since 2013, Bitcoin has had eight monthly closes in the positive, and November has remained positive five times. That is, in 60% of cases, November remained bullish for BTC. The BTC options market has reached a new high since 2021. The total amount of put and call positions reached $16.35 billion. And the number of holders is at a record high.
📈 According to Bitfinex Alpha, these factors could trigger a new wave of growth in November, after which BTC could record a new yearly high.
#BTC #Bitcoin
In October, BTC reached $35,000 and consolidated around this level. But the Bitfinex Alpha report suggests continued growth is likely in November.
📊 Since 2013, Bitcoin has had eight monthly closes in the positive, and November has remained positive five times. That is, in 60% of cases, November remained bullish for BTC. The BTC options market has reached a new high since 2021. The total amount of put and call positions reached $16.35 billion. And the number of holders is at a record high.
📈 According to Bitfinex Alpha, these factors could trigger a new wave of growth in November, after which BTC could record a new yearly high.
#BTC #Bitcoin