tldr; it's interesting to note the underlying impact of exchange rates on the price of btc. Much of btc's gains in November are due to the weakening USD.
I buy btc using GBP, but monitor the price in USD because more data is presented in USD. This month I was looking at BTC/GBP and from 10/Nov to 1 Dec the price rose roughly 1%, while BTC/USD rose roughly 4%. Looking further I found USD weakened 3% against GBP (or GBP strengthened against USD).
So it's difficult to know what's really happening when currency shifts are significant. From a USD perspective the bull run continues with pundits citing anticipation of ETFs. From a GBP perspective the bull run stalled and nobody is anticipating ETFs.
Just an observation.
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