Bitcoin started October on the right foot (just like many expected) and reached a new all-time high above $126,000. Over the past few weeks, though, it has been on a downtrend, and now the bulls hope that November can offer a substantial rebound and pump it to a fresh historic 0 said, we decided to test the AI capabilities of some of the most popular chatbots and ask them if such a scenario is possible within the next 30 1 Has a Real Shot ChatGPT estimated that the asset has a real chance to venture into uncharted territory in November, but this is not 2 said BTC has historically rallied strongly 12-18 months after a halving, which puts late 2025 in the sweet spot.
Additionally, the chatbot noted that the amount of BTC sitting on exchanges continues to hit multi-year lows, suggesting that fewer holders are preparing to sell. CryptoQuant’s data shows that less than 2.4 million BTC are stored on such platforms, which is quite close to the seven-year bottom witnessed earlier this 3 Exchange Reserves,) was in 2018, which was followed by a massive 36% crash in November,” it cautioned.
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