An enormous third quarter. Now October is here 🤑
💰 The #BTC closed the quarter up about 42%, its best third quarter since 2017. ETH performed even better: it gained close to 70%, recording its best third quarter in history.
Now I’m focusing on whether the support level is holding up after these repeated tests. ETF demand is also cooling off: U.S. spot Bitcoin ETFs saw capital outflows on September 30, ending a run of nine straight sessions of inflows. 👀
October has earned the nickname "Uptober", but a good track record doesn’t guarantee a smooth, uneventful path. Last October gave us both a new all-time high for BTC and a sudden, sharp drop within days.
I expect plenty of opportunities this month, but not an uninterrupted uptrend. Stay flexible, be prepared for volatility, and don’t let the calendar replace your trading plan. 📊
#BinanceSquareFamily
💰 The #BTC closed the quarter up about 42%, its best third quarter since 2017. ETH performed even better: it gained close to 70%, recording its best third quarter in history.
Now I’m focusing on whether the support level is holding up after these repeated tests. ETF demand is also cooling off: U.S. spot Bitcoin ETFs saw capital outflows on September 30, ending a run of nine straight sessions of inflows. 👀
October has earned the nickname "Uptober", but a good track record doesn’t guarantee a smooth, uneventful path. Last October gave us both a new all-time high for BTC and a sudden, sharp drop within days.
I expect plenty of opportunities this month, but not an uninterrupted uptrend. Stay flexible, be prepared for volatility, and don’t let the calendar replace your trading plan. 📊
#BinanceSquareFamily
