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Bitcoin ETF

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 <p class="paragraph">Following its recent growth trend, Bitcoin (BTC) has surpassed the threshold of $34,000 and has overachieved its <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> forecast for the end of October, which was set at around $30,000.</p>
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 <p class="paragraph">Starting at $27,000 at the beginning of the previous month, the last third of October has seen a notable rise in the valuation of BTC, which peaked at almost $35,000.</p>
 <p class="paragraph">With the continuing evolution of the crypto traders market and the tools they use, Finbold has turned to advanced machine <a rel="noopener noreferrer nofollow" title="learning" href="https://thebittimes.com/tag/learning.html">learning</a> <a rel="noopener noreferrer nofollow" title="algorithm" href="https://thebittimes.com/tag/algorithm.html">algorithm</a>s, which are tasked with predicting <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a>s for cryptocurrencies. PricePredictions brings us this month’s Bitcoin <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> prediction for the end of November.</p>
 <p class="paragraph">Data retrieved on November 1 by Finbold signals that the BTC <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> will break the $35,000 threshold early on and will experience a gradual ascent with minor upside fluctuations as the month progresses, peaking at $36,987 by the end of November.</p>
 <figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="412" src="https://cdn.thebittimes.com/images/2023/11/01/b0c607b64f7b86f09a0c7d44ab52885c.webp" alt="Bitcoin price prediction for November 30. Source: PricePredictions" class="wp-image-134922" srcset="https://cdn.thebittimes.com/images/2023/11/01/b0c607b64f7b86f09a0c7d44ab52885c.webp 1024w, https://cdn.thebittimes.com/images/2023/11/01/b0c607b64f7b86f09a0c7d44ab52885c.webp 300w, https://cdn.thebittimes.com/images/2023/11/01/b0c607b64f7b86f09a0c7d44ab52885c.webp 768w, https://cdn.thebittimes.com/images/2023/11/01/b0c607b64f7b86f09a0c7d44ab52885c.webp 1536w, https://cdn.thebittimes.com/images/2023/11/01/b0c607b64f7b86f09a0c7d44ab52885c.webp 2048w" sizes="(max-width: 1024px) 100vw, 1024px">
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   Bitcoin price prediction for November 30. Source: PricePredictions
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 <p class="paragraph">Notably, this prediction is formulated by using several key technical indicators, including the moving average convergence divergence (MACD), relative strength index (RSI), Bollinger Bands (BB), and more.&nbsp;</p>
 <h2 class="wp-block-heading" id="h-btc-price-analysis">BTC price analysis</h2>
 <p class="paragraph">Bitcoin is currently trading at $34,443 at the time of writing, with a minor surge of 0.10% over the last 24 hours, which capped a small increase over the previous 7-day period, which amounted to 1.53%</p>
 <figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="683" src="https://cdn.thebittimes.com/images/2023/11/01/f742ee33826d195d2c3761f0b26ce7aa.webp" alt="BTC 1-day price chart. Source: Finbold" class="wp-image-134925" srcset="https://cdn.thebittimes.com/images/2023/11/01/f742ee33826d195d2c3761f0b26ce7aa.webp 1024w, https://cdn.thebittimes.com/images/2023/11/01/f742ee33826d195d2c3761f0b26ce7aa.webp 300w, https://cdn.thebittimes.com/images/2023/11/01/f742ee33826d195d2c3761f0b26ce7aa.webp 768w, https://cdn.thebittimes.com/images/2023/11/01/f742ee33826d195d2c3761f0b26ce7aa.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
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   BTC 1-day price chart. Source: Finbold
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 <p class="paragraph">Following a bullish pattern that has emerged over the last months, fundamental and technical <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> suggests that BTC is set to continue the upward trending motion for the rest of November.</p>
 <p class="paragraph">With the rumored news of the near completion of a potential spot Bitcoin ETF deal, this trend looks likely to continue as BTC receives confidence and backing from an increased number of investors who possess large quantities of this cryptocurrency.</p>
 <p class="paragraph"><em><strong>Disclaimer:</strong> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/machine-learning-algorithm-sets-bitcoin-price-for-november-30-2023-tbt68629.html">https://thebittimes.com/machine-learning-algorithm-sets-bitcoin-price-for-november-30-2023-tbt68629.html</a></p>

Machine learning algorithm sets Bitcoin price for November 30, 2023

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