If the market maintains a bullish trend, $98,900 could mark November’s low, says Delphi Digital analyst

Historical Bitcoin data suggests November could be pivotal for market movements. Typically, Bitcoin hits its lows early in the month during bullish trends, with an average rebound of 32.9% afterward.

However, if liquidity pressures continue, new lows may emerge. The EMA indicator points toward a possible bearish crossover mid-November, indicating potential volatility.