Quote from: taufik123 on October 31, 2023, 11:47:49 PM

Quote from: fzkto on October 31, 2023, 04:15:08 PM

Quote from: BlockchainWizard on October 31, 2023, 04:10:44 PM

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.

Naturally or not, initially it was the effect of Cointelegraph giving invalid news about ETF acceptance that FOMO occurred and many bought Bitcoin at this time so that it broke the $30k resistance, then indeed dumped after the news was not true.
But the next effect is like a snowball that makes market conditions better and until now it is able to hold at $34k + +.

October was a green month and we are about to enter November which in the last 2 years has always shown a drastic decline.
Will the trend change?
we will see.

No doubt that the month of October is indeed on green and now we are Nov 1 as of this writing or moment then we dont know on what this month could bring.Whether it would be green or red but seeing on the chart
on what it is really that showing then it does really pertains about being red most likely and since we are just starting of this new month then it would really be that safe to assume out that we would really be hearing out some negative news later on. Cheesy

Im already that preparing my USDT for this upcoming bearish news which might pop out anytime soon but well it isnt that always a guarantee yet this market couldnt really be always follow with those patterns.
We might really be that able to get it right or wrong basing up on the market conditions which we might be able to encounter. It is really just that hard to tell on where it would be going but
well this had been our primary problems or concerns on dealing with this space on which there's no way on telling on where it would be heading.
This is why every step that would really done should really be that in line with those considerations and strategies if you are really that having those plans.