Will Bitcoin’s November Performance Reignite Bullish Momentum After a Red October?
Will Bitcoin’s November performance repeat its historic strength? Data shows an average 42.5% gain, hinting at a post-October rebound.
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Mutugi Benard is a crypto journalist covering blockchain,NFTs,DeFi, and Web3 innovations.with an eye on market trends and regulations, I deliver insightful analysis and breaking news. Benard is passionate about simplifying crypto for all.
Will Bitcoin’s November performance repeat its historic strength? Data shows an average 42.5% gain, hinting at a post-October rebound.
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Bitcoin’s STH-SOPR drops to 0.992, showing short-term holders selling at a loss—historically a sign of nearing market bottoms.
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Binance data reveals the Bitcoin supply ratio drops to its lowest since 2022, signaling renewed accumulation and strong long-term investor activity.
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