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Is Bitcoin ready for 80% gains in ‘MooNovember,’ after a smashing ‘Uptober’
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October was a month of sweet victories, some historical announcements, and a well-carved all-time high for Bitcoin. Since the month of October has historically been a bullish time for the king coin, the ATH didn’t come as much of a surprise. Now the crucial question remains whether BTC would see a similar bright fate in November too.
Even though post the ATH on October 20, BTC’s price has largely moved sideways, finishing October above $60,000 marked several achievements in itself. Firstly, Bitcoin’s weekly candle closed above $60K, making it the third week in a row where this pattern was seen. The same contributed to the larger bullish narrative, making bulls more confident of the coming month.
That, however, was not all, analyst TechDev
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