
Jakarta, Pintu News â At the beginning of the month, Bitcoin price showed a downward trend, slipping below its consolidation range amid market uncertainty and bearish sentiment. However, analysts have identified several indicators that point to a potential bullish revival for the cryptocurrency in the near future.
According to experts from The Bull Theory, November is predicted to be the most bullish month of the year for Bitcoin (BTC). Historically, November has been one of the strongest months not only for US equities but also for Bitcoin (BTC) price. One of the main catalysts identified by analysts is the end of the US government shutdown, which is expected to be completed this month.
While this may seem like a political issue, the financial implications are huge. The government returning to operations means that âbillions of dollarsâ will start flowing back into contractors, projects, and the public sector. This return of fiscal spending serves as a mini liquidity injection into the economy. Another important factor is the resumption of corporate buyback programs. In the next few weeks, many large companies are expected to restart their buyback programs.

In addition, the Federal Reserve (Fed) has re-entered the scene, as shown by the surge in daily overnight repo loans, which reached $29.4 billion-the highest level in almost five years. Historically, when repo activity increases, the Fed tends to inject liquidity to stabilize the situation.
This capital influx is not isolated within the banking system; it tends to flow through the markets, lifting equities and ultimately benefiting cryptocurrencies once confidence is restored. Furthermore, the US Treasury General Account (TGA) balance has surged close to $1 trillion, sitting around $150 to $200 billion above normal levels.
This capital is currently idle, but once government spending resumes after the shutdown, it will likely start circulating again. If Bitcoin (BTC) price performance this November mirrors its historical average, analysts estimate a potential rally of around 40%. Such an increase could see Bitcoin (BTC) price reach the $150,000 to $160,000 range.
With a variety of strong supporting factors and a favorable history, this November promises great potential for Bitcoin (BTC) to reach price levels never seen before. Investors and market watchers should take note of these dynamics as they navigate the ever-changing investment landscape.
Also Read: Can You Live Only on Crypto? Here are 3 Sources of Income & Challenges You Need to Know About
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*Disclaimer
This content aims to enrich readersâ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an assetâs past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.