BTC price prediction/sentiment for November 2024 + POLL

[pawel7777]

Feel free to share your thoughts (and vote in the poll) about Bitcoin's price in November.
Do you think we'll do what October failed to do - break the old ATH?

Historically, the average return for November is +43.01% and median +7.12%

[rdluffy]

I believe in 70k to 80k, something in the middle

If we consider this chart:

Source

We can be very positive that BTC can rise more in november and december

[|MINER|]

I believe in 70k to 80k, something in the middle

If we consider this chart:

Source

We can be very positive that BTC can rise more in november and december

Or Bellow 70K?
I hoping for 66k to the 74k for november And we already sawn bitcoin in the range of 68k already and currently it is on 69k. I am not expecting more than 74k in November because of the market situation.
And what I want to also said is the chart you mentioned look interesting but can I know that what is the based amount they are taking for this percentage calculation. It is the starting price of that year or something else?

[Asiska02]

Feel free to share your thoughts (and vote in the poll) about Bitcoin's price in November.
Do you think we'll do what October failed to do - break the old ATH?

Historically, the average return for November is +43.01% and median +7.12%

I have voted and i picked the third option. The bitcoin market is such that you shouldn’t put big hope in a big pump this time around. The pump we’ve been expecting ti reach and surpass the all time high didn’t happen until October when a pump occurred within few days. It is just a realisation that October really did well towards the end but we should put a bigger hope in November. The price I feel will continue to range between $70-$80K before we can see a major push upward again to record a new all time high.

[rdluffy]

I believe in 70k to 80k, something in the middle

If we consider this chart:

Source

We can be very positive that BTC can rise more in november and december

Or Bellow 70K?
I hoping for 66k to the 74k for november And we already sawn bitcoin in the range of 68k already and currently it is on 69k. I am not expecting more than 74k in November because of the market situation.
And what I want to also said is the chart you mentioned look interesting but can I know that what is the based amount they are taking for this percentage calculation. It is the starting price of that year or something else?

It's monthly returns chart, they take the value of BTC at the end of the month and start calculating
If BTC closed at 70k for example in October, that's the starting point for calculating returns in November

I'm pretty optmistic to be honest in this end of the year 

[smartaction]

I believe in 70k to 80k, something in the middle

If we consider this chart:

Source

We can be very positive that BTC can rise more in november and december

Or Bellow 70K?
I hoping for 66k to the 74k for november And we already sawn bitcoin in the range of 68k already and currently it is on 69k. I am not expecting more than 74k in November because of the market situation.
And what I want to also said is the chart you mentioned look interesting but can I know that what is the based amount they are taking for this percentage calculation. It is the starting price of that year or something else?

It is not possible to say exactly when the bitcoin market is going to what state. But yes, bitcoin has started dumping, I don't know where it will end and how much it will stop. Some times the bitcoin price starts to increase a lot and some times it starts dumping. I don't know this month.  How the Bitcoin market will be will be understood only by the end of the month. Due to the dumping of the price of Bitcoin, the prices of all altcoins have started to fall.

[|MINER|]

It's monthly returns chart, they take the value of BTC at the end of the month and start calculating
If BTC closed at 70k for example in October, that's the starting point for calculating returns in November

I'm pretty optmistic to be honest in this end of the year 

Thank you for clarifying this I was in confusion regarding this chart. I also saw there have others options like the weekly and daily and also the quarterly. As you said these are also going to be the same format you have mentioned.
But I am not too opsmistic in this end of the years because yes the market had did good pump in recent time and it happened multiple times but if we notice that everytime the pump hasn't sustain for a long time it for few time and then market goes down again. So that I am optimistic about the 2025 first quarter.

[pawel7777]

I believe in 70k to 80k, something in the middle

If we consider this chart:

Source

We can be very positive that BTC can rise more in november and december

Considering that monthly profitability chart, we could expect to end up at much higher level than $70k-$80k.
Both, the monthly average and the return for November 2020 (the previous halving year when the halving took place at a similar time in the calendar year) are almost at 43%, which would give us Bitcoin at almost $100k.
That's way too optimistic though.

[electronicash]

I believe in 70k to 80k, something in the middle

If we consider this chart:

Source

We can be very positive that BTC can rise more in november and december

Considering that monthly profitability chart, we could expect to end up at much higher level than $70k-$80k.
Both, the monthly average and the return for November 2020 (the previous halving year when the halving took place at a similar time in the calendar year) are almost at 43%, which would give us Bitcoin at almost $100k.
That's way too optimistic though.

its gonna be a slow climb to 80k just as how it climbed to 70k and then back gain to $68k. this will make futures investors uninterested to jump into crypto while the whales are going to be accumulating more of BTC.

if what they are saying is true that Trump winning this election is a catalyst then maybe the rise of prices will accelerate along with altcoins. then Kamala winning could plunge the market.  it could be true or not. but definitely something big is about to happen.

[|MINER|]

It is not possible to say exactly when the bitcoin market is going to what state. But yes, bitcoin has started dumping, I don't know where it will end and how much it will stop. Some times the bitcoin price starts to increase a lot and some times it starts dumping. I don't know this month.  How the Bitcoin market will be will be understood only by the end of the month. Due to the dumping of the price of Bitcoin, the prices of all altcoins have started to fall.

Your words are also true. Because anything can happen in crypto space, But currently we can predict that even bitcoin fluctuate from a good price like over the 70k but it won't dump by huge because bitcoin halving happened in this year and as we know after one years of halving we know that bitcoin bull start their bull run and this how we can predict that bitcoin can go around of these reason.
And as you can see on the market already there have a good position for the USA president result that the trump is going to be the president of the USA again, and that's also a reason of this pump.

[UNIVERSE]

Or Bellow 70K?
I hoping for 66k to the 74k for november And we already sawn bitcoin in the range of 68k already and currently it is on 69k. I am not expecting more than 74k in November because of the market situation.
And what I want to also said is the chart you mentioned look interesting but can I know that what is the based amount they are taking for this percentage calculation. It is the starting price of that year or something else?

Bitcoin price has crossed $75k and it is very close to jump to $76k. It is very doubtful that the price of Bitcoin to drop again below $70k. In my opinion, the price of Bitcoin will try to survive above $70k and try to reach $80k as soon as possible. You need to check again the market condition, we have everything to start big bullrun. Moreover, November-December is mostly the good time for crypto because we usually experience green market.

[_act_]

As for this month of November, I support the sentiment for going more bullish over $80,000 oland even to $100,000 this season, this has been the eye opener to that, not because we had the election won by Trump, but things only work together at the expected time for the bullrun to continue into all time high and we can keep having this till the end of the year.

[|MINER|]

Bitcoin price has crossed $75k and it is very close to jump to $76k. It is very doubtful that the price of Bitcoin to drop again below $70k. In my opinion, the price of Bitcoin will try to survive above $70k and try to reach $80k as soon as possible. You need to check again the market condition, we have everything to start big bullrun. Moreover, November-December is mostly the good time for crypto because we usually experience green market.

You are right that bitcoin has crossed the 75k and also it crossed 76k and currently it is also on the 76.4k But I will still say that this is not the start of the real bull run yes we are on the way of bull season market has been already in a good bullish but I think this green market is only for win of the Donald trump on the election of united states of America . And I will still say that bitcoin market will recover and yes it will again dump bellow 70k before the real bull run.

[electronicash]

Bitcoin price has crossed $75k and it is very close to jump to $76k. It is very doubtful that the price of Bitcoin to drop again below $70k. In my opinion, the price of Bitcoin will try to survive above $70k and try to reach $80k as soon as possible. You need to check again the market condition, we have everything to start big bullrun. Moreover, November-December is mostly the good time for crypto because we usually experience green market.

You are right that bitcoin has crossed the 75k and also it crossed 76k and currently it is also on the 76.4k But I will still say that this is not the start of the real bull run yes we are on the way of bull season market has been already in a good bullish but I think this green market is only for win of the Donald trump on the election of united states of America . And I will still say that bitcoin market will recover and yes it will again dump bellow 70k before the real bull run.

65k-66k i think is the strongest support line i see. maybe it will really drop once again in this level before going up gain. on second thought, maybe not. i'm gonna assume this is the biggest bull run they are cooking. some say this is going to be a supercycle. if its going to hit $100k by next year then it will continue up for the whole year then the market is overbought.

this could be where the US economy could turn the tables since they already are positioned with their stablecoins . there is no other fiat currency in crypto but USD.

[|MINER|]

65k-66k i think is the strongest support line i see. maybe it will really drop once again in this level before going up gain. on second thought, maybe not. i'm gonna assume this is the biggest bull run they are cooking. some say this is going to be a supercycle. if its going to hit $100k by next year then it will continue up for the whole year then the market is overbought.

this could be where the US economy could turn the tables since they already are positioned with their stablecoins . there is no other fiat currency in crypto but USD.

Anything could happened here because you know this is cryptocurrency.
The things you have mentioned those are also some of prediction and some says some peoples trying to create rumors.  But I am also thinking that in this bull run bitcoin will cross or touch the 100k but I think this is still have I can't believe only these kinds of event that election which are just manipulating the market for a while.
I am hoping that bitcoin make correction as soon as and we will again see bitcoin under 70k before the real start.