the shop is split in half. the spot is also split in half.
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Trading Insight_DN
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🔥The Monthly Profit Rate of Bitcoin in October has recorded a rate of -6.12%.
Over the past 14 years, according to the data "Monthly Profit Rate of Bitcoin from Coinglass", October has been the month with very positive data and the best rate in the years since Bitcoin was launched.
In 12 out of 14 years, October has always been "Green" and has had very good profits compared to other months of the year.
🔸Currently, considering the actual situation, profit-taking pressure and capital outflow from the market are what we are witnessing. Therefore, the return of a Bullish market is relatively challenging in the short term. However, the demand for buying Bitcoin remains stable from various funds.
🔹It's not too negative, but we have to prepare mentally… if the Market undergoes a deep correction process in the long term like in 2022 or repeats at the end of 2024… then you may have to remain stagnant with the market, tie up funds, be stuck financially, and act as a shareholder for a long period.
For now, let's just… umm, that's it :)))
Over the past 14 years, according to the data "Monthly Profit Rate of Bitcoin from Coinglass", October has been the month with very positive data and the best rate in the years since Bitcoin was launched.
In 12 out of 14 years, October has always been "Green" and has had very good profits compared to other months of the year.
🔸Currently, considering the actual situation, profit-taking pressure and capital outflow from the market are what we are witnessing. Therefore, the return of a Bullish market is relatively challenging in the short term. However, the demand for buying Bitcoin remains stable from various funds.
🔹It's not too negative, but we have to prepare mentally… if the Market undergoes a deep correction process in the long term like in 2022 or repeats at the end of 2024… then you may have to remain stagnant with the market, tie up funds, be stuck financially, and act as a shareholder for a long period.
For now, let's just… umm, that's it :)))
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.