Post
Topic
Board Speculation
Re: Bitcoin October Month Performance
by
fzkto
on 31/10/2023, 16:15:08 UTC
It's funny to see that October is the most successful month for Bitcoin. This has probably already become firmly anchored in people's minds, so that all market participants act accordingly. A self-fulfilling prophecy in that sense.
Yes, this October was no exception and bitcoin didn't just rise, it broke resistance that couldn't be broken all of 2023. But I doubt about the psychology that it happened naturally, September was also green, although it was almost always red.