Bitcoin Update 7 November 2025
The bottom's not in yet
An almost euphoric day yesterday as BTC bounced 1% after the 5% drop the previous day. If this was the bottom we’d expect as least another 2 attempts to get price below 100k, and that’s happening as we speak.
Tech stocks crashing and BTC treasuries underwater may be the story of the day but the background picture is rosy.
Not saying price isn’t going back to 75k because we think it is, but FED/Treasury mismanagement and distortion of the USD is reaching the point at which even US centric money managers have to have 5% of their portfolios in non-sovereign assets.