Potential Scenarios For November
1. Highly optimistic scenario: Bitcoin sees an increase of 10-20%, with the potential to reach as high as $42,000.
2. Positive scenario: Bitcoin experiences a rise of 1-10%, potentially reaching up to $38,000.
3. Pessimistic scenario: Bitcoin falls by 10%, dropping to approximately $31,000. This would represent a 50% retracement of the October surge.
4. Extremely pessimistic scenario: Bitcoin sees a 20% decline, dropping to around $28,000. This would signify a complete retracement of the October surge, constituting a 100% decline.
