Is Bitcoin Poised for a Bullish November?

Adekunle Joshua

Market observers suggest Bitcoin could turn bullish by November, following patterns seen in previous pre-halving cycles

Historically, Bitcoin experiences sideways price action in Q2-Q4 before a halving event, and Nov. 21 has been a key pivot point for a bullish trend

Analysts like "Mags" point out that BTC is currently 60% below its all-time high, similar to 2015 and 2019, indicating a potential for an upward move

Galaxy Trading suggests a Bitcoin "dump" or bottom around November 10-15 in line with the upcoming halving cycle

The Bitcoin halving is approximately six months away, scheduled for late April or early May, setting the stage for potential price shifts