Bitcoin November Returns Show Declining Trend

Recent data reveals a notable decline in Bitcoin’s returns for November this year, with an average return of -6.55%. This contrasts sharply with the historical trend, which sees November boasting an average positive return rate of +42.49%. According to previous reports, Bitcoin has consistently demonstrated a strong positive return pattern in November, with an average return of +42.49% since 2013 and a median return of +8.81%. Over the past twelve years, Bitcoin’s performance in November shows a balanced trend, with eight periods of growth and four instances of decline.