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Price predictions 11/3: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE
After October’s dismal performance, Bitcoin has failed to change course. BTC has started the new month with a drop to the crucial support at $107,000, signaling that the bears are attempting to seize control. The demand from institutional investors has slowed down, as indicated by the $799 million in net outflows from BTC exchange-traded funds last week, according to Farside Investors’ data. Capriole Investments founder Charles Edwards said in a post on X that institutional buying had dipped below the daily mined supply for the first time in seven months, which was not a good sign. A minor ray of hope for the ... (full story)
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