✅ Market & Macro Context
Bitcoin recently declined sharply from its all-time high (~$125,000) and is now trading in the ~$100,000–$110,000 region.
According to JPMorgan analysts, BTC could rise toward ~$170,000 over the next 6-12 months given its volatility-adjusted comparison to gold and current deleveraging in futures markets.
Short-term sentiment is fragile: BTC fell through key moving averages and important support zones.
There is seasonal support for a November bounce (historically strong), but the median
BTC
77,457.53
-1.07%