October historical win rate 77%—and everyone on the internet is starting to chant “Uptober” again?
Let me pour some cold water: every time this kind of data gets wildly reposted, the market has a way of dealing with probability believers. In October 2021, it surged and topped out right after. In October 2023, it surged and then went sideways for half a year into November.
Statistics are for retail investors—psychological massage. Whether it’s a real rally or a fake one depends on the money flow, not the calendar. The easiest people to get harvested are those who jump in early October due to FOMO.
$BTC #Uptober #Fear and Greed Index
Let me pour some cold water: every time this kind of data gets wildly reposted, the market has a way of dealing with probability believers. In October 2021, it surged and topped out right after. In October 2023, it surged and then went sideways for half a year into November.
Statistics are for retail investors—psychological massage. Whether it’s a real rally or a fake one depends on the money flow, not the calendar. The easiest people to get harvested are those who jump in early October due to FOMO.
$BTC #Uptober #Fear and Greed Index
