Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Cardano Founder Promises Audit to Debunk Claims of Misappropriating $600M in ADA Tokens

06/07/2025

USDC Stablecoin Arrives on Hippo Chain Testnet

06/07/2025

SEC Commissioner Hester Peirce Says “We Can’t Ignore It” in Bitcoin 2025 Fireside Talk 

06/07/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    SEC Commissioner Hester Peirce Says “We Can’t Ignore It” in Bitcoin 2025 Fireside Talk 

    06/07/2025

    Is BTC’s Rally Sustainable or Due for a Pullback?

    06/07/2025

    Former PayPal CEO Makes Exciting Predictions About Bitcoin

    06/07/2025

    the DAO based on Bitcoin integrates with Reown

    06/07/2025

    Tom Lee Says Ethereum Could Be the Next Bitcoin

    05/07/2025

    Why Is Ether Struggling Near $2,400 Even as More Firms Add ETH to Their Treasuries?

    05/07/2025

    Ethereum dev Zack Cole launches initiative to fund ‘tokenless’ projects, promote ETH burning mechanisms

    05/07/2025

    Ethereum (ETH) Price Prediction for July 3

    05/07/2025

    Cardano Founder Promises Audit to Debunk Claims of Misappropriating $600M in ADA Tokens

    06/07/2025

    Charles Hoskinson Confirms Cardano–Litecoin Collaboration for DeFi Expansion

    06/07/2025

    Chainlink CCIP Launches on Solana, Linking $19B in Assets

    06/07/2025

    Ripple CEO Reacts to Major XRP Milestone

    06/07/2025

    Top NFTs Trending Today, Courtyard Leading the Pack

    06/07/2025

    NFT Market Sees Recovery, Records 17.23% in Weekly Sales, Guild of Guardians Leads Sales with $29.61 Million

    05/07/2025

    You Can Buy a Martian Meteorite With Bitcoin—If You Have Upwards of $4 Million

    04/07/2025

    Cheaper NFTs Mean Sales Are Surging, But Trading Volume is Plummeting: DappRadar

    04/07/2025

    Cardano Founder Promises Audit to Debunk Claims of Misappropriating $600M in ADA Tokens

    06/07/2025

    USDC Stablecoin Arrives on Hippo Chain Testnet

    06/07/2025

    SEC Commissioner Hester Peirce Says “We Can’t Ignore It” in Bitcoin 2025 Fireside Talk 

    06/07/2025

    Charles Hoskinson Confirms Cardano–Litecoin Collaboration for DeFi Expansion

    06/07/2025
  • Blockchain

    USDC Stablecoin Arrives on Hippo Chain Testnet

    06/07/2025

    Aicean and MOMO.FUN Join Forces for Web3 Innovation: AI Meets MemeFi

    06/07/2025

    Ispoverse Taps Conflux Blockchain for Scalable, Secure Web3 Gaming Infrastructure

    06/07/2025

    Bitget Wallet cuts on-chain TRON USDT transver costs by 50%

    06/07/2025

    SpoonOS and DBOS partner to support durable AI agent applications

    06/07/2025
  • DeFi

    DeFi Is outpacing Bitcoin’s maximalist mindset

    06/07/2025

    Janus Henderson Launches First Native Onchain AAA CLO Strategy

    06/07/2025

    ‘If I lose, DeFi dies with me:’ Tornado Cash co-founder doubles down on innocence ahead of trial

    05/07/2025

    Ethereum DeFi Project Ondo Aims to Take on Robinhood With Jump Into Tokenized Stocks

    05/07/2025

    Stablecoin banks like Erebor could inherit DeFi’s weakest links, says Web3 security firm

    04/07/2025
  • Metaverse

    Microsoft’s AI Diagnoses Like House, Bills Like Costco

    02/07/2025

    Mark Zuckerberg Unveils New Meta AI Lab After Poaching OpenAI Talent

    01/07/2025

    Can China’s MiniMax-M1 AI Topple US Rivals? We Put It to the Test

    28/06/2025

    Meta and OpenAI Use of Copyrighted Books for Training AI Was Fair Use: Federal Judge

    26/06/2025

    How to Get Your Chatbot to Talk Dirty

    18/06/2025
  • Regulation

    Circle IPO delivers 4x return for Sigil Fund

    05/07/2025

    Circle’s IPO success marks the start of crypto listing surge

    05/07/2025

    Saylor to Jim Chanos: Three ways your MSTR short is doomed

    05/07/2025

    Ripple’s Brad Garlinghouse Says Circle IPO Signals U.S. Stablecoin Regulation Ahead

    05/07/2025

    Bank of Korea Governor to Meet Bank Chiefs as Stablecoin Debate Heats Up

    05/07/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Stablecoins power 75% of crypto payments across Europe, report shows

    06/07/2025

    Coinbase is Driving Adoption of Circle’s USDC for Payments, Financial Services: Bernstein

    06/07/2025

    Robinhood’s OpenAI Token Transfer Linked to Wallet with Interesting On-Chain Past

    06/07/2025

    PancakeSwap Hits Record $325 Billion in Monthly Volume

    06/07/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Why loyalty is becoming web3 gaming’s next essential layer

    06/07/2025

    FLOKI Advances Blockchain Gaming Ambitions With Valhalla Mainnet Launch and Esports Partnership

    05/07/2025

    Neural Expands to Solana with AI Game Creation Tools and Multi-Chain Support

    05/07/2025

    HeLa Space and Onmi Upgrade AR Gaming Experience with Web3 Adventure

    04/07/2025

    Satoshi’s Bitcoin Mining Costs Were Shockingly Low, Cardano Co-Founder Reveals

    06/07/2025

    Bitcoin Hashrate Revs up 88 EH/S Since the Low as Miners Race Toward Profitability

    06/07/2025

    Another Solo Bitcoin Miner Beats the Odds, Winning $350K Jackpot

    05/07/2025

    World Famous E-Sports Giant Announces It Will Enter Bitcoin Mining Industry! Here Are the Details

    05/07/2025

    Can The SEC Vote To Continue Appeals Process In Ripple Case?

    05/07/2025

    GENIUS Act and CLARITY Market Structure Bill

    05/07/2025

    Celsius advances in court against Tether for $4 billion

    05/07/2025

    After 5 Years Battling the SEC, Has XRP Come Full Circle?

    05/07/2025

    Cardano Founder Promises Audit to Debunk Claims of Misappropriating $600M in ADA Tokens

    06/07/2025

    USDC Stablecoin Arrives on Hippo Chain Testnet

    06/07/2025

    SEC Commissioner Hester Peirce Says “We Can’t Ignore It” in Bitcoin 2025 Fireside Talk 

    06/07/2025

    Charles Hoskinson Confirms Cardano–Litecoin Collaboration for DeFi Expansion

    06/07/2025
  • MarketCap
NBTC News
Home»Bitcoin»Bitcoin Ends October On A High Note, What To Expect For BTC Price In November
Bitcoin

Bitcoin Ends October On A High Note, What To Expect For BTC Price In November

NBTCBy NBTC02/11/2023No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


The month of October just drew to a close and Bitcoin and the rest of the crypto market has ushered in the new month of November. With October proving to be an incredibly bullish month for Bitcoin with a green monthly close, eyes are now on the new month and what possibilities it could hold for the digital asset.

October Was A Good Month For Bitcoin

Looking back to the month of October, it has been one of the best months so far for 2023. The price of BTC started out at around $28,000 and closed out the month above $34,000. In total, the return for Bitcoin in the month of October was 28.5%.

In comparison to the previous months, only one month has surpassed October and that was the month of January. Bitcoin also benefited from a green price close in the month of September, albeit with meager gains of 3.99%.

2023 has also turned out to be a year of good returns with six months out of the last 10 months closing in the green. The months of August, May, and July were the only months with significant losses of 11.2%, 7.1%, and 4.04%, respectively. While February closes out with small losses of -0.01%.

BTC retraces after flash surge | Source: BTCUSD on Tradingview.com

How November Is Looking For BTC Price

The first day of November is already starting out with losses for the price of BTC but it is still early for the digital asset to pick back up. Historically though, especially over the last five years, Bitcoin has recorded poor performance in the month of November.

In 2022, the infamous FTX crash took the Bitcoin price from above $21,400 to below $16,000, and the month ended with 16.1% losses. The same was the case for the previous year in 2021 when the crypto bull market began to wind down. That month ended up with a red close of -7.12%.

2020 was different in the fact that Bitcoin saw a 42.9% increase in November, which was the year the bull market began. But 2023 is more closely similar to the year 2019 because they’re both the year before the Bitcoin halving takes place and November suffered losses in 2019.

If Bitcoin keeps to the November trend similar to 2019, then it is possible that the digital asset will reverse its October gains this month. A 17% decline would mean a fall back to the $28,000 level, which would wipe around $6,000 off its current value.

However, Bitcoin has been known to buck historical trends in various cases, so there could be a change in the trend. For example, in 2015, the year before the 2016 Bitcoin halving, Bitcoin price saw a 19.8% increase by the time November was over. This shows that nothing is set in stone when it comes to Bitcoin.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

SEC Commissioner Hester Peirce Says “We Can’t Ignore It” in Bitcoin 2025 Fireside Talk 

06/07/2025

Is BTC’s Rally Sustainable or Due for a Pullback?

06/07/2025

Former PayPal CEO Makes Exciting Predictions About Bitcoin

06/07/2025

the DAO based on Bitcoin integrates with Reown

06/07/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Cardano Founder Promises Audit to Debunk Claims of Misappropriating $600M in ADA Tokens

06/07/2025

USDC Stablecoin Arrives on Hippo Chain Testnet

06/07/2025

SEC Commissioner Hester Peirce Says “We Can’t Ignore It” in Bitcoin 2025 Fireside Talk 

06/07/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.