Fast execution, robust charts, clean risk controls.
👉 Open account →
COINOTAG recommends • Exchange signup
🚀 Smooth orders, clear control
Advanced order types and market depth in one view.
👉 Create account →
COINOTAG recommends • Exchange signup
📈 Clarity in volatile markets
Plan entries & exits, manage positions with discipline.
👉 Sign up →
COINOTAG recommends • Exchange signup
⚡ Speed, depth, reliability
Execute confidently when timing matters.
👉 Open account →
COINOTAG recommends • Exchange signup
🧭 A focused workflow for traders
Alerts, watchlists, and a repeatable process.
👉 Get started →
COINOTAG recommends • Exchange signup
✅ Data‑driven decisions
Focus on process—not noise.
👉 Sign up →
As financial markets react to various economic indicators worldwide, the cryptocurrency landscape, especially Bitcoin, continues to be a focal point of discussion.
This month, it is predicted that Bitcoin could drop to $23,000 and then rise to $34,500 with stronger momentum in November.
Major financial events like the Federal Open Market Committee (FOMC) always influence the direction of assets, and Bitcoin is no exception.
According to a renowned crypto analyst, Bitcoin’s price could reach $34,500 in November. How might this happen?
Bitcoin Price Could Rise in November
As financial markets react to various economic indicators worldwide, the cryptocurrency landscape, especially Bitcoin, continues to be a focal point of discussion. Captain Faibik, a prominent figure in Bitcoin analysis, has provided insights into the potential path Bitcoin may take this October.
Captain Faibik suggests that Bitcoin will likely stay within a specific trading range, which he refers to as a “wedge.” This price range is between $26,000 and $24,000. It is predicted that this month, Bitcoin could drop to $23,000 and then rise to $34,500 in November with stronger momentum.
COINOTAG recommends • Professional traders group
💎 Join a professional trading community
Work with senior traders, research‑backed setups, and risk‑first frameworks.
👉 Join the group →
COINOTAG recommends • Professional traders group
📊 Transparent performance, real process
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing.
👉 Get access →
COINOTAG recommends • Professional traders group
🧭 Research → Plan → Execute
Daily levels, watchlists, and post‑trade reviews to build consistency.
👉 Join now →
COINOTAG recommends • Professional traders group
🛡️ Risk comes first
Sizing methods, invalidation rules, and R‑multiples baked into every plan.
👉 Start today →
COINOTAG recommends • Professional traders group
🧠 Learn the “why” behind each trade
Live breakdowns, playbooks, and framework‑first education.
👉 Join the group →
COINOTAG recommends • Professional traders group
🚀 Insider • APEX • INNER CIRCLE
Choose the depth you need—tools, coaching, and member rooms.
👉 Explore tiers →
BTC/USD
At the time of writing, Bitcoin’s value is $26,577 and has recently fallen below the critical level of $27,000. This decline often follows reactions from the financial sector to Federal Interest Rate decisions, which can deeply impact various market assets, including cryptocurrencies. With such volatile factors in play, Bitcoin’s slide could continue, possibly falling below $26,000.
Major financial events like the Federal Open Market Committee (FOMC) always influence the direction of assets, and Bitcoin is no exception. With increasing downward pressure, market trends suggest that Bitcoin could approach or even breach the $25,400 level. If this occurs, a definitive bear trend could be established for the cryptocurrency.
COINOTAG recommends • Exchange signup
📈 Clear interface, precise orders
Sharp entries & exits with actionable alerts.
👉 Create free account →
COINOTAG recommends • Exchange signup
🧠 Smarter tools. Better decisions.
Depth analytics and risk features in one view.
👉 Sign up →
COINOTAG recommends • Exchange signup
🎯 Take control of entries & exits
Set alerts, define stops, execute consistently.
👉 Open account →
COINOTAG recommends • Exchange signup
🛠️ From idea to execution
Turn setups into plans with practical order types.
👉 Join now →
COINOTAG recommends • Exchange signup
📋 Trade your plan
Watchlists and routing that support focus.
👉 Get started →
COINOTAG recommends • Exchange signup
📊 Precision without the noise
Data‑first workflows for active traders.
👉 Sign up →
RSI Hope for Bitcoin
However, not all indicators appear to signal a continuous decline for Bitcoin. Important market indicators, like the Relative Strength Index (RSI), provide a glimmer of hope. If the RSI comfortably crosses the 50-point threshold, it could be an early sign of Bitcoin breaking out of its current stagnation. Such a move could demonstrate Bitcoin’s potential to overcome the $27,455 barrier and pave the way, possibly surpassing the $28,000 level.
