Bitcoin Price Poised For A Bullish November: Key Catalysts That Can’t Be Ignored
As the new month began, the Bitcoin price opened on a downward trend, slipping below its consolidation range amid rising uncertainty and bearish sentiment in the market. Nevertheless, analysts are identifying a collection of indicators suggesting that a bullish resurgence for the cryptocurrency could be on the horizon. What’s Fueling BTC’s Potential Surge This November? According to experts at The Bull Theory, November is poised to be the most bullish month of the year for Bitcoin, and the supporting numbers are quite compelling. Historically, November has been one of the strongest months....
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Here's a look at what we are focusing on in the bitcoin price this evening. In this morning’s bitcoin price watch analysis, our primary focus was a tight range, and a strategy that involved using some scalp breakout targets to take advantage of that range. We noted that given recent action (volatile, but only short term, and only on the smaller time frames) we would likely need to maintain this type of scalp strategy for the foreseeable future – at least until things picked up fundamentally. We haven’t really had any major fundamental catalysts as late, and this has translated to some....
XRP is entering one of its most crucial weeks in months as a series of bullish catalysts align to set the stage for what could be a breakout move. The token has held firmly above the $2.20 support zone despite the recent market crash, and both technical and fundamental factors now point toward a possible surge in price. According to crypto analyst Guy on the Earth, XRP is in a make-or-break moment, with abundant news catalysts giving traders reasons to stay optimistic about the short-term direction. XRP Holds $2.20 Support; Analyst Eyes Resistance Ahead “Another reversal from lows as XRP....
The XRP price has been characterized by bullish predictions throughout this month. Crypto analysts have put forward countless analyses about why the altcoin is poised for a massive rally. Another analyst has joined the ranks of the bullish, putting the XRP price as high as $250. Here’s When The XRP Price Will Get To $250 […]
Bitcoin price quoted in United States dollars has been suffering from a sharp and sudden downtrend after setting a new all-time high in November. But when quoted in Turkish lira, the top cryptocurrency kept on climbing in November and has never looked back. The result? A shocking cryptocurrency price chart you simply have to see to believe. We’ll also explain the background behind the devastating downtrend in TRYUSD. BTCTRY: Bitcoin Makes A Bullish Bet Against Struggling Currencies All throughout the history of Bitcoin price action, after setting a higher high, the notoriously....
The XRP price performance in the month of November has historically been more bullish than not, confirming higher returns than any other month in the year. Given this trend, it is possible that the XRP price could be headed for a rapid increase this new month. However, there is also the fact that the price had closed in the red back in October, and this performance could have an impact on how the cryptocurrency turns out in November. Looking At XRP Price Performances In November According to data from CryptoRank, the XRP price has seen an equal number of green and red closes over the last....