Eugene: Bitcoin seasonal rise and fall records show an upward trend in October
Bitget2024/09/27 01:48
Trader Eugene Ng Ah Sio posted on social media, stating that seasonality is often a crucial factor in determining market sentiment. As the end of September approaches, there has never been a case where the market rose in September and closed lower in October since the birth of BTC. In the previous 11 years, BTC only fell twice in October, regardless of its price trend in September. This data point itself is meaningless, but if enough people interpret it as a buy signal, then self-fulfilling prophecy will spread rapidly.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$89,787.63
-1.11%
Ethereum
ETH
$3,101.61
-2.39%
Tether USDt
USDT
$0.9999
-0.07%
Solana
SOL
$214.03
-1.03%
BNB
BNB
$619.8
-2.01%
Dogecoin
DOGE
$0.3701
-6.30%
XRP
XRP
$0.8642
+19.79%
USDC
USDC
$1.0000
+0.00%
Cardano
ADA
$0.6613
+16.51%
TRON
TRX
$0.1884
+3.13%
Bitget pre-market
Buy or sell coins before they are listed, including ZRC, MAJOR, OGC, MEMEFI, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now