November has often been a standout month for Bitcoin, with historical data indicating an impressive average price jump of 43%. This would propel Bitcoin to around $48,000. But with October already showing a significant price increase, the question arises: Will Bitcoin continue its bullish trend, or is a retrace on the horizon? November Monthly Returns November has been particularly bullish for Bitcoin over time, with an average of 43% of price increases over the years. If this trend holds true for this year, we might see Bitcoin touching $48,000. Related Reading: Bitcoin Price To Reach $170,000 in 2025 – Mathematical Model Predicts However, it’s worth noting that this very high average is significantly influenced by the extreme 453% surge in 2013. If we exclude this outlier, the average settles around 11.54% This leads to a more conservative forecast, pointing to a potential rise to around $38,000. Bitcoin monthly returns over the years. Source: intothecryptoverse Diving deeper into historical data, 8 of the past 13 years have shown price increases in November, making another increase this month seem plausible. Yet, a closer look reveals that 4 of the last 5 time ..
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