As Bitcoin shows strong bullish signals in November, the market expects the price to challenge the $160,000 high, driven by institutional funds and favorable macro conditions. (Background: Bitcoin maintains a year-end target price of $200,000, with funds flowing into Bitcoin Hyper, a potential new coin) (Additional background: Did Musk transfer 400 million Bitcoins on-chain? Bitcoin Hyper ($HYPER) presale breaks through $25 million) (This article is a promotional piece written and provided by Bitcoin Hyper and does not represent the position of the BlockBeats; this article mentions meme coins, which may carry extremely high volatility risks and is not investment advice. Please see the end of the article for the responsibility warning.) Bitcoin is once again in focus in November, with macro and technical supports creating upward space; November has historically been a key month for Bitcoin's annual trend. According to statistics from the past decade, Bitcoin's average increase in November exceeds 40%, and the context for 2025 is even more special, with rising interest rate cut expectations, liquidity returning, and institutional holdings continuously increasing, providing a solid foundation for Bitcoin's upward movement. Currently, BTC is priced around $109,950, and the bullish structure remains intact on the technical front, with some market expectations that the price may challenge the $160,000 range this month. From a technical chart perspective, Bitcoin has shown a steady upward channel since mid-October, with the support level solidly above $106,000. The 4-hour chart indicates that Bitcoin is forming a typical triangular convergence pattern, which is a precursor to a major breakout. If BTC can effectively break through the resistance level of $111,700, the short-term upward target will expand to a range of $116,000 to $120,000; if this region is broken through, the market will see $160,000 as the next major target. The momentum indicator RSI is currently at 48.5, approaching the bullish zone, indicating that buying pressure is gradually accumulating. The logic behind Bitcoin's bull market is still driven by institutional funds. On the fundamental side, the logic of Bitcoin's bull market is still driven by institutional funds. The world's largest Bitcoin holding company, Strategy, holds over 640,000 BTC, and Chairman Michael Saylor reiterated that the company will not engage in any acquisition plans and will focus entirely on Bitcoin's long-term strategy, which injects confidence into the market. Its stock price rises in sync with Bitcoin's price, indicating that funds are viewing Strategy as a “Bitcoin leveraged ETF” role. On the other hand, Coinbase's third-quarter financial report showed revenue reaching $1.9 billion, a year-on-year growth of 55%, and added a holding of 2,772 BTC, bringing its total holdings to 14,548 BTC. The exchange not only maintains profitability but has also become a major channel for institutional entry. Observing the market's capital flow, on-chain data shows that the supply ratio of long-term holders has climbed to 78%, setting a new high, indicating that chips are concentrated in the hands of steadfast holders, and the decline in circulating supply is creating pressure on the price. If mid-November's inflation data continues its downward trend, and the dollar index falls below 102, Bitcoin is expected to quickly rise above $120,000. Short-term fluctuations do not change the mid-term bullish pattern. Analyst Timothy Peterson pointed out that historically, volatility in November tends to concentrate between the 8th and 20th, with adjustments during this period often stemming from corporate earnings reports and macro policy corrections. The project party claims that if BTC falls below the $100,000 mark in the short term, it may trigger some profit-taking, but long-term investors can view this as an opportunity to get back on board. Historical data shows that the first quarter following a November pullback usually accompanies a strong rebound, with an average increase of over 35%. From a technical perspective, the 20-week moving average has formed a new support area, while the upward trend line remains solid. As long as BTC's daily closing price remains above $108,000, the market structure will continue to lean towards bullish. If a volume breakout occurs, $160,000 will become the market's mid-term target price. Combining the upward RSI and the soon-to-be bullish MACD signals, Bitcoin is expected to welcome a new wave of accelerated upward movement in late November. Bitcoin Hyper: Bitcoin Layer2's new force becomes the new focus of funds. As the price of Bitcoin on the main chain attracts global attention, funds are quietly flowing into new projects centered around Layer2. The official claim is that Bitcoin Hyper ($HYPER), as the first Bitcoin Layer2 network based on the Solana Virtual Machine (SVM), is becoming the new darling of market funds. It combines the security of BTC with Solana's high-speed processing capabilities, injecting unprecedented speed and flexibility into the Bitcoin ecosystem, allowing users to conduct smart contracts, decentralized trading, and cross-chain applications on Layer2. The official claim is that Bitcoin Hyper's presale amount has exceeded $25.8 million, with a token price of $0.013215, and a three-day automatic price increase mechanism has been adopted, forming a natural deflationary structure. The HYPER token has multiple functions such as transaction fee payment, governance voting, revenue distribution, and bridge fuel, with a staking annualized return of up to 46%, attracting a large amount of capital participation. According to the team's plan, the mainnet will launch in the fourth quarter of 2025, at which time HYPER will support DeFi protocols, game payments, and NFT market integration, creating a multi-application ecosystem with Bitcoin as the underlying security layer. The project party claims that Bitcoin Hyper solves the long-standing problem of Bitcoin's inability to natively participate in smart applications. Through an unmanaged cross-chain bridging mechanism, BTC can be safely packaged and put into use on Layer2, opening the era of “programmable Bitcoin.” For some investors, this is the most direct opportunity to participate in Bitcoin's functionality upgrade. As the presale approaches the next stage of price increase, HYPER's market attention is rapidly rising and is seen as one of the Layer2 tokens with explosive potential before the end of the year. Official website to purchase Bitcoin Hyper Conclusion: The $160,000 target for Bitcoin and the Layer2 opportunity run parallel. The Bitcoin market in November is accumulating tremendous energy. The direction of macro policy, increasing institutional holdings, and returning liquidity together form a bullish triple support, with technical charts indicating that a breakout is imminent, and a short-term adjustment may become the last opportunity to enter a position. If the key level of $111,700 is broken, BTC is expected to challenge the range of $120,000 to $160,000 in early December. In the context of the main chain's upward trajectory and application expansion, Bitcoin Hyper and other Layer2 projects will become the new focus of funds. This is not only an extension of the Bitcoin ecosystem but also the starting point for a new round of capital narrative. As Bitcoin moves towards a faster and more programmable era, holding core Layer2 tokens may be the best strategy for positioning in the next bull market. Disclaimer: Cryptocurrency investment carries high risk, and price volatility can lead to capital loss. This article is for reference only and does not constitute investment advice. Please conduct your own research (DYOR) and make careful decisions. Promotional disclaimer: The content of this article is a promotional material provided by the contributor, with no relationship to BlockBeats, and does not represent BlockBeats' position. This article does not intend to provide any investment, asset advice, or legal opinions and should not be regarded as an offer to buy, sell, or hold assets.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin November Market Analysis: Bull Run Signals Emerge, Funds Positioning in Potential New Coins Ahead of Time
As Bitcoin shows strong bullish signals in November, the market expects the price to challenge the $160,000 high, driven by institutional funds and favorable macro conditions. (Background: Bitcoin maintains a year-end target price of $200,000, with funds flowing into Bitcoin Hyper, a potential new coin) (Additional background: Did Musk transfer 400 million Bitcoins on-chain? Bitcoin Hyper ($HYPER) presale breaks through $25 million) (This article is a promotional piece written and provided by Bitcoin Hyper and does not represent the position of the BlockBeats; this article mentions meme coins, which may carry extremely high volatility risks and is not investment advice. Please see the end of the article for the responsibility warning.) Bitcoin is once again in focus in November, with macro and technical supports creating upward space; November has historically been a key month for Bitcoin's annual trend. According to statistics from the past decade, Bitcoin's average increase in November exceeds 40%, and the context for 2025 is even more special, with rising interest rate cut expectations, liquidity returning, and institutional holdings continuously increasing, providing a solid foundation for Bitcoin's upward movement. Currently, BTC is priced around $109,950, and the bullish structure remains intact on the technical front, with some market expectations that the price may challenge the $160,000 range this month. From a technical chart perspective, Bitcoin has shown a steady upward channel since mid-October, with the support level solidly above $106,000. The 4-hour chart indicates that Bitcoin is forming a typical triangular convergence pattern, which is a precursor to a major breakout. If BTC can effectively break through the resistance level of $111,700, the short-term upward target will expand to a range of $116,000 to $120,000; if this region is broken through, the market will see $160,000 as the next major target. The momentum indicator RSI is currently at 48.5, approaching the bullish zone, indicating that buying pressure is gradually accumulating. The logic behind Bitcoin's bull market is still driven by institutional funds. On the fundamental side, the logic of Bitcoin's bull market is still driven by institutional funds. The world's largest Bitcoin holding company, Strategy, holds over 640,000 BTC, and Chairman Michael Saylor reiterated that the company will not engage in any acquisition plans and will focus entirely on Bitcoin's long-term strategy, which injects confidence into the market. Its stock price rises in sync with Bitcoin's price, indicating that funds are viewing Strategy as a “Bitcoin leveraged ETF” role. On the other hand, Coinbase's third-quarter financial report showed revenue reaching $1.9 billion, a year-on-year growth of 55%, and added a holding of 2,772 BTC, bringing its total holdings to 14,548 BTC. The exchange not only maintains profitability but has also become a major channel for institutional entry. Observing the market's capital flow, on-chain data shows that the supply ratio of long-term holders has climbed to 78%, setting a new high, indicating that chips are concentrated in the hands of steadfast holders, and the decline in circulating supply is creating pressure on the price. If mid-November's inflation data continues its downward trend, and the dollar index falls below 102, Bitcoin is expected to quickly rise above $120,000. Short-term fluctuations do not change the mid-term bullish pattern. Analyst Timothy Peterson pointed out that historically, volatility in November tends to concentrate between the 8th and 20th, with adjustments during this period often stemming from corporate earnings reports and macro policy corrections. The project party claims that if BTC falls below the $100,000 mark in the short term, it may trigger some profit-taking, but long-term investors can view this as an opportunity to get back on board. Historical data shows that the first quarter following a November pullback usually accompanies a strong rebound, with an average increase of over 35%. From a technical perspective, the 20-week moving average has formed a new support area, while the upward trend line remains solid. As long as BTC's daily closing price remains above $108,000, the market structure will continue to lean towards bullish. If a volume breakout occurs, $160,000 will become the market's mid-term target price. Combining the upward RSI and the soon-to-be bullish MACD signals, Bitcoin is expected to welcome a new wave of accelerated upward movement in late November. Bitcoin Hyper: Bitcoin Layer2's new force becomes the new focus of funds. As the price of Bitcoin on the main chain attracts global attention, funds are quietly flowing into new projects centered around Layer2. The official claim is that Bitcoin Hyper ($HYPER), as the first Bitcoin Layer2 network based on the Solana Virtual Machine (SVM), is becoming the new darling of market funds. It combines the security of BTC with Solana's high-speed processing capabilities, injecting unprecedented speed and flexibility into the Bitcoin ecosystem, allowing users to conduct smart contracts, decentralized trading, and cross-chain applications on Layer2. The official claim is that Bitcoin Hyper's presale amount has exceeded $25.8 million, with a token price of $0.013215, and a three-day automatic price increase mechanism has been adopted, forming a natural deflationary structure. The HYPER token has multiple functions such as transaction fee payment, governance voting, revenue distribution, and bridge fuel, with a staking annualized return of up to 46%, attracting a large amount of capital participation. According to the team's plan, the mainnet will launch in the fourth quarter of 2025, at which time HYPER will support DeFi protocols, game payments, and NFT market integration, creating a multi-application ecosystem with Bitcoin as the underlying security layer. The project party claims that Bitcoin Hyper solves the long-standing problem of Bitcoin's inability to natively participate in smart applications. Through an unmanaged cross-chain bridging mechanism, BTC can be safely packaged and put into use on Layer2, opening the era of “programmable Bitcoin.” For some investors, this is the most direct opportunity to participate in Bitcoin's functionality upgrade. As the presale approaches the next stage of price increase, HYPER's market attention is rapidly rising and is seen as one of the Layer2 tokens with explosive potential before the end of the year. Official website to purchase Bitcoin Hyper Conclusion: The $160,000 target for Bitcoin and the Layer2 opportunity run parallel. The Bitcoin market in November is accumulating tremendous energy. The direction of macro policy, increasing institutional holdings, and returning liquidity together form a bullish triple support, with technical charts indicating that a breakout is imminent, and a short-term adjustment may become the last opportunity to enter a position. If the key level of $111,700 is broken, BTC is expected to challenge the range of $120,000 to $160,000 in early December. In the context of the main chain's upward trajectory and application expansion, Bitcoin Hyper and other Layer2 projects will become the new focus of funds. This is not only an extension of the Bitcoin ecosystem but also the starting point for a new round of capital narrative. As Bitcoin moves towards a faster and more programmable era, holding core Layer2 tokens may be the best strategy for positioning in the next bull market. Disclaimer: Cryptocurrency investment carries high risk, and price volatility can lead to capital loss. This article is for reference only and does not constitute investment advice. Please conduct your own research (DYOR) and make careful decisions. Promotional disclaimer: The content of this article is a promotional material provided by the contributor, with no relationship to BlockBeats, and does not represent BlockBeats' position. This article does not intend to provide any investment, asset advice, or legal opinions and should not be regarded as an offer to buy, sell, or hold assets.