Bitcoin’s November Slump Raises Concerns About Market Trends

Recent downturns in Bitcoin’s price have sparked debates about the future of this cryptocurrency. While it struggles to maintain a $96,000 threshold, analysts are analyzing if these declines indicate a typical market cycle or signify more significant changes. With Bitcoin’s third descent towards its historical lows since previous bear markets, investors are cautious. The latest downturn threatens to break a long-established upward trend established since the start of bear markets.