After Bitcoin’s 1.4% drop, trading at around 107,000 USD, a significant sell-off occurred, resulting in over 1.16 billion USD in liquidations. Experts believe this might not indicate a bear market but a reset for future growth.
Historical data shows that November tends to be a strong month for Bitcoin, averaging a 42% return over the last 12 years. Analysts, including Rachel Lin, suggest that if trends continue, Bitcoin could reach between 120,000 USD and 150,000 USD by year-end.
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