$BTC doesn't look bullish here.
After sweeping last week's high, price has now lost both the weekly and monthly open. The monthly open is key — if we want Uptober, buyers need to reclaim that level.
Meanwhile, the support below absolutely has to hold. Losing it makes things significantly worse.
Otherwise October risks being a letdown. And if sentiment doesn't shift soon, I'm starting to question whether Q4 will actually deliver on the hype.
After sweeping last week's high, price has now lost both the weekly and monthly open. The monthly open is key — if we want Uptober, buyers need to reclaim that level.
Meanwhile, the support below absolutely has to hold. Losing it makes things significantly worse.
Otherwise October risks being a letdown. And if sentiment doesn't shift soon, I'm starting to question whether Q4 will actually deliver on the hype.