🚨 October closes in the red for Bitcoin TODAY… but November has risen in 10 of the last 16 years 👀
The monthly candle closes tonight at 7 pm Colombia time, and that changes the game.
▪️ Bitcoin (~77,400): it’s down nearly 8% in October, on track for its worst October in more than a decade, and almost all the damage came in just two days. But history is on its side: November has closed in the green in 10 of the last 16 years, with a typical gain of ~8.5%. If today’s close holds above 76,000, the floor will be solid going into the month.
▪️ Ethereum (~2,245): it bounced from 2,177 and is holding above 2,200. More people are now betting on it falling than rising; when that majority is wrong, they have to rush to buy, and the price can jump. Breaking 2,350 would be the first sign of a reversal.
▪️ AVAX (~8.50): it’s holding above its long-term average, near 8.16—the line separating a pause from a bigger drop. And tomorrow, November 1, Japan launches tourist tax refunds in digital yen on Avalanche: real-world use from the first day of the month.
Today, an ugly month comes to a close; tomorrow, the one that’s historically among the strongest begins.
Are you buying before the close or waiting for November’s first candle? 👇
#Bitcoin #ETH #AVAX
The monthly candle closes tonight at 7 pm Colombia time, and that changes the game.
▪️ Bitcoin (~77,400): it’s down nearly 8% in October, on track for its worst October in more than a decade, and almost all the damage came in just two days. But history is on its side: November has closed in the green in 10 of the last 16 years, with a typical gain of ~8.5%. If today’s close holds above 76,000, the floor will be solid going into the month.
▪️ Ethereum (~2,245): it bounced from 2,177 and is holding above 2,200. More people are now betting on it falling than rising; when that majority is wrong, they have to rush to buy, and the price can jump. Breaking 2,350 would be the first sign of a reversal.
▪️ AVAX (~8.50): it’s holding above its long-term average, near 8.16—the line separating a pause from a bigger drop. And tomorrow, November 1, Japan launches tourist tax refunds in digital yen on Avalanche: real-world use from the first day of the month.
Today, an ugly month comes to a close; tomorrow, the one that’s historically among the strongest begins.
Are you buying before the close or waiting for November’s first candle? 👇
#Bitcoin #ETH #AVAX
