**[Analyst: Bitcoin's October Pullback May Lay the Foundation for the Next Rally, Year-End Price Could Reach $120K to $150K]** BlockBeats News, November 4, according to Decrypt, SynFutures CEO Rachel Lin stated, "The October decline may lay the foundation for the next upward movement in Bitcoin's bull market. Such pullbacks are often the midpoint of a larger cycle rather than the endpoint." Historical data also supports this optimistic interpretation. Bitcoin's average return in the third quarter remains positive at 6.05%. It is also worth noting that November has historically been one of Bitcoin's strongest-performing months, with an average return of 42% over the past 12 years. Rachel Lin stated, "For November, I expect a period of stability accompanied by cautious optimism. Bitcoin may trade sideways at the beginning of the month as the market digests the content of the Federal Reserve's statements. However, once there is a clear shift in policy tone, it could trigger a rebound." She also mentioned that if Bitcoin continues to follow its typical post-halving trajectory, "It is still possible for Bitcoin to reach $120K to $150K by the end of 2025," citing solid fundamentals such as ETF fund inflows and institutional custody solutions as support.