BiyaPay Analyst: Bitcoin to Peak in November 2025, Potentially Echoing the 2021 Bull Market Trend
BlockBeats News, October 21st, 2021 - After reaching a bull market peak in November, 2021, Bitcoin saw a rapid pullback, alerting investors. The price of Bitcoin surpassed the $120,000 mark in 2025, but market sentiment and technical analysis suggest a risk of a price top in November. From a technical perspective, Bitcoin's price retraced around $107,983, with the MACD indicator indicating weakening market momentum, potentially signaling a short-term correction.
According to Alternative's Fear & Greed Index, since the end of September 2025, market sentiment has experienced intense fluctuations, especially with a rapid rise to "extreme greed" in early October followed by a quick drop to "fear." The current index is at 29, indicating a tendency towards fear in the market sentiment. BiyaPay analysts state that in such a volatile market, investors should exercise caution, especially in high-leverage trading, where price fluctuations may intensify.
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