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๐Ÿ”ฅ $BTC ๐—ฅ๐—ฒ๐˜€๐—ฒ๐˜ ๐—ฆ๐—ฝ๐—ฎ๐—ฟ๐—ธ๐˜€ ๐—ฆ๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐—ถ๐—ฐ ๐—•๐˜‚๐˜†๐—ถ๐—ป๐—ด โ€“ ๐—œ๐˜€ ๐˜๐—ต๐—ฒ ๐—ก๐—ฒ๐˜…๐˜ ๐—ฆ๐˜‚๐—ฟ๐—ด๐—ฒ ๐—ก๐—ฒ๐—ฎ๐—ฟ?โ€ผ๏ธโ€ผ๏ธ


Market data suggests this pullback resembles November 2019โ€™s 17% dip, rather than the harsher 35% drop of November 2018, signaling a healthy market reset rather than panic. Analysts say overleveraged positions and underperforming projects have been purged, giving long-term investors a chance to enter at lower prices.
Key monthly-close levels are under the microscope: $93,400 and $102,400. According to CrediBull Crypto, a close above $93K is mildly positive, while surpassing $102K would be highly bullishโ€”but likely next month.
Midweek trading saw Bitcoin at $91.6k, struggling to break $92K resistance. Sector experts highlight that since spot Bitcoin ETFs launched in early 2024, institutional moves have shifted market rhythms, bringing year-end-like gains earlier than usual.
Currently, BTC sits at $90,600, with analysts noting November historically sets the tone for Decemberโ€”red Novembers often precede red Decembers. Matrixport calls this period a rare stalemate, with emotions, positioning, and macro trends at a delicate balance.
๐ŸŸข Indicators point to:
๐Ÿ”ธ Reduced crash-protection demand, liquidity, and volatility
๐Ÿ”ธ Rising realized losses and futures deleveraging (Glassnode)
๐Ÿ”ธ Bitcoin range-bound between $80Kโ€“$100K, waiting for conviction
โœ…Smart money is positioning quietly. The market reset may be the springboard for Bitcoinโ€™s next leg up.
$BTC โ€Œ
#JoinGrowthPointsDrawToWiniPhone17 $BTC
BTC-3%
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CryptoCallingvip
ยท 11-30 17:03
Bank of Americaโ€™s chief investment strategist Michael Hartnett says the โ€œFed needs to cut, and $BTC will be first to sniff out coming Fed capitulation." $BTC $GT $ETH $GT $BTC
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