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CoinGape

CoinGape

Crypto analysts suggest BTC could dip further to $66,000–$68,000 before resuming the rally

CoinGape
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54% Informative

Bitcoin 's implied volatility for at-the-money options on November 8 now stands at nearly 70% .

Altcoins faced sharper declines, with ETH and Solana both dropping over 5% ahead of major options expirations.

Bitcoin active addresses have dropped 25% signaling reduced activity for the asset class.

ETH , Solana , Dogecoin , and Cardano ( ADA ) corrected by 5-7% each.