Analyst: October "unfinished" puts Bitcoin at a critical turning point
2025-11-05 12:56:08
Vetle Lunde, head of research at K33, said that the "late end" of October has put Bitcoin at a critical turning point. In the past week, Bitcoin has fallen by 10%, and once again fell below the $100,000 mark. After the latest Federal Reserve Open Market Committee (FOMC) meeting, Bitcoin may fall further. Although the Federal Reserve cut interest rates by 25 basis points at the meeting, the rate cut is still large due to the policy uncertainty caused by the US government shutdown. In addition, K33's derivatives market indicator, which compares the current market structure with previous cycles, shows that the market has both bottom pattern and early decline characteristics, which adds to the uncertainty. (The Block)
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article:
分析师:十月“烂尾”令比特币处于关键转折点Next article:
金色晚报 | 11月5日晚间重要动态一览