Delphi Digital Analyst: If the market continues in bull mode, $98,900 could be the November low Delphi Digital market analyst @that1618guy pointed out that historical Bitcoin data shows November often serves as a turning point in market structure, with the timing of monthly lows revealing the market's state. During bull cycles (e.g., 2020, 2023, 2024), Bitcoin often bottoms out in the first week of November, followed by an average strong rebound of 32.9%. In contrast, during bear markets or transitional phases (e.g., 2021, 2022), lows typically occur at the end of the month, accompanied by deeper declines (average -8.2%). If the market continues in bull mode, $98,900 could be this month's low, but higher lows need to be confirmed in the coming weeks to maintain the upward trend. If Bitcoin continues to hit new lows, November may exhibit bearish characteristics, potentially linked to liquidity pressures and market uncertainty. The analysis also mentioned that EMA indicators suggest a bearish crossover might occur in mid-November, signaling risks of further price declines.