Post
Topic
Board Speculation
Re: October price guess
by
Mpamaegbu
on 03/10/2022, 11:54:34 UTC
October has often been a good month for Bitcoin:



If you look at this table, then a bad October for Bitcoin was in 2014 and 2018. 2014 and 2018 are the next year after a strong bull run, and 2022 can be included here. It has similar dynamics and behavior.
It's good sharing that. If we go by the table, we can see that Bitcoin even was more bullish in February than it's in October of several years. I had even thought that November gives Bitcoin a better kick than others. Anyway, maybe a close of October 2022 and November will tell us how well or bad Bitcoin will fare this year. Let me quickly also add that Bitcoin fares well in a particular month doesn't mean there are going to be more people who are lucky to have escaped with profits. Bitcoin can fare well in a particular month, yet that month becomes traders' worse month. What matters is the strategy will apply while at it.