Is the October curse back? BTC’s October rally is set to fizzle for the second year in a row $BTC $ETH
Bitcoin is testing the $80,000 mark again today, trading around $80,200. It has now touched the lower end of the $80,000–$87,000 range it’s been stuck in over the past month.
What stings even more: global tech stocks are falling, oil prices remain high, and the Fed and several other central banks are set to announce rate decisions this week. Risk appetite is firmly under pressure, and this October rally looks set to fizzle for the second year in a row.
Last October played out the same way, only for a ferocious rally to arrive in November. Will history repeat itself? It all depends on whether this week’s rate decisions give the market a clear direction.
Do you believe in the October curse? Would you dare to get in around $80,000?
#比特币 #FederalReserve
Bitcoin is testing the $80,000 mark again today, trading around $80,200. It has now touched the lower end of the $80,000–$87,000 range it’s been stuck in over the past month.
What stings even more: global tech stocks are falling, oil prices remain high, and the Fed and several other central banks are set to announce rate decisions this week. Risk appetite is firmly under pressure, and this October rally looks set to fizzle for the second year in a row.
Last October played out the same way, only for a ferocious rally to arrive in November. Will history repeat itself? It all depends on whether this week’s rate decisions give the market a clear direction.
Do you believe in the October curse? Would you dare to get in around $80,000?
#比特币 #FederalReserve