Vildana Hajric of Blomberg –
For better or worse, the month of November has always been one to remember in the world of Bitcoin.
Reasons cited for its volatile moves during the 11th month of the year run the gamut from tax-loss harvesting, to its round-the-clock trading nature, to Mercury being in retrograde. It could also just be coincidence. Whatever the cause, Bitcoin tends to go berserk in November.