In Brief

  • Bitcoin’s 47% recovery from July lows is in historically vulnerable territory

  • Binance Research found that four out of five recoveries from shallow drawdowns retested their lows.

  • Historically, Bitcoin’s price rises by a median of 12.73% in October; so far, this October it is up just 2.23%.

Read the original story: Can Bitcoin’s 47% Recovery Hold? What Binance Research Data Shows, by Kamina Bashir, on fi.beincrypto.com

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