Post
Topic
Board Speculation
Re: Bull or bear November?
by
LogitechMouse
on 01/11/2022, 07:52:46 UTC
But let us continue our monthly fun. Would the price of bitcoin increase or decrease in November?
$20,000 for me is what I'm considering as the psychological resistance and so far, the price of Bitcoin is above that though it's only a few hundred dollars higher and anytime, it can still go down below it.

We know that long term, we expect a bearish movement towards Bitcoin but on this month alone, I expect a bit of an uptrend in the short term. I was surprised TBH that it went up to $20,000 a few weeks ago but still, it is around my past prediction that price of Bitcoin will end up sideways at around $18,000 - $25,000 this year. For November, I expect a bit of an increase on it's price.