๐ Bitcoin
$BTC starts November with a slight correction, but fundamentals remain strong!
The BTC/USDT is quoted at 110,182.46 USDT, with a negative variation of -0.06% in the last 24h. Despite the slight decline, the technical and fundamental scenario points to a promising month, with major players positioning themselves for a possible rally. ๐๐ฅ
๐ Market summary:
- ๐ฐ Current price: 110,182.46 USDT
- ๐ 24h high: 111,200.00 USDT
- ๐ 24h low: 108,653.00 USDT
- ๐ Traded volume: 15,663.12 BTC
- ๐ฐ Highlight: ARK Invest increases stake in Bullish, signaling institutional confidence
๐ Correction or preparation for a rise?
October ended with an accumulated decline of about 7%, breaking a tradition of historical highs in this month. However, November promises: analysts point out that Bitcoin may approach US$ 115,000, driven by ETF inflows, whale accumulation, and increasing institutional flow.
๐ Technical indicators:
- Firm support in the range of 108,000โ109,000 USDT
- Immediate resistance at 111,500 USDT
- Stable volume, with no signs of panic or structural reversal
๐ฃ Stay alert, trader!
- November is historically a month of recovery for BTC
- The balance between fear and greed is healthy, favoring explosive movements
- The options market shows optimism, with calls dominating the order book
๐ฌ Do you believe that BTC will break US$ 115,000 this month? Share your view with the community and follow the upcoming candles! ๐
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๐ This content is informative and does not constitute investment advice. Assess risks and trade responsibly.