🚨 BTC Flashes a Rare "2012 Pattern": Why October is Make or Break
Bitcoin is currently trading near $83,000, pulling back slightly after last week's push above $84,000. But the real story is what is happening on the monthly timeframe.
The 3-Month Anomaly:
Bitcoin is on track to close September in the green, securing three straight months of positive returns (July, August, and September). This exact sequence has only happened once before in Bitcoin’s entire history: 2012.
What Happened Next?
In 2012, October saw a brief 9.7% flush to form a definitive bottom, which immediately triggered a massive 165-day rally. Combined with the massive $16 Billion options expiry that just cleared the board on September 25, the market structure has completely reset.
Are we about to see a quick October flush before a massive Q4 rally, or does the 2012 pattern fail here? Let me know below! 👇$BTC
Bitcoin is currently trading near $83,000, pulling back slightly after last week's push above $84,000. But the real story is what is happening on the monthly timeframe.
The 3-Month Anomaly:
Bitcoin is on track to close September in the green, securing three straight months of positive returns (July, August, and September). This exact sequence has only happened once before in Bitcoin’s entire history: 2012.
What Happened Next?
In 2012, October saw a brief 9.7% flush to form a definitive bottom, which immediately triggered a massive 165-day rally. Combined with the massive $16 Billion options expiry that just cleared the board on September 25, the market structure has completely reset.
Are we about to see a quick October flush before a massive Q4 rally, or does the 2012 pattern fail here? Let me know below! 👇$BTC