Right. So Bitcoin‘s having a bit of a sad moment, isn’t it? Like a teenager who’s just been dumped before prom, it’s slumped below its usual sulking zone. But apparently, the clever-clogs analysts reckon it’s all about to turn around because, well, November. Eye roll
Why November Might Not Be Totally Rubbish for Bitcoin
According to The Bull Theory (which sounds like something a drunk bloke in a pub would come up with), November is Bitcoin’s “best month ever” – or at least statistically less rubbish than the others. Apparently, Bitcoin averages a 40-42% gain this month, which is basically like finding free money in your winter coat pocket. 🧥💸
But wait-there’s more! The US government might stop acting like a toddler refusing to eat its greens and actually end the shutdown. Which means, drumroll please… money might start moving again! Gasps in capitalism 🏦💵
Oh, and corporations are planning to buy back their own shares, because nothing says “we have too much cash” like buying yourself. Narcissistic? Maybe. Good for Bitcoin? Apparently. 🤷♀️
Is Bitcoin Really Going to £160K? (Or Just Another Wild Guess?)
The Fed’s back too, sneaking around like an ex who won’t stop texting. Banks are borrowing billions like students on freshers’ week, which usually means the Fed will panic and throw money at the problem. And where does that money go? Not into savings accounts, that’s for sure. More like straight into Bitcoin, if history’s anything to go by. 📈🍾
Oh, and the US Treasury’s sitting on a trillion quid like a dragon hoarding gold. Once they start spending again, that cash could slosh into Bitcoin like champagne at an open bar. 🍾🚀
So, if Bitcoin does its usual November thing, we could see it hit £160K. Or not. Honestly, who even knows anymore? 🤪
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2025-11-04 06:06