The current market sentiment in Crypto Assets is becoming conservative, but historical data shows that this might be the moment for investors to remain optimistic. Looking back at the past decade or so, October is usually regarded as Bitcoin's "lucky month," with an average rise of over 20%, and only two years seeing a fall. As October begins, the market seems to be brewing a new round of trends.
Some analysts hold a positive attitude towards the recent market trends, believing that the current price is around 118,600 dollars, and suggest a strategic buy near 117,700 dollars. However, there are also opinions that if the price falls below 117,000 dollars, it may be necessary to reassess the market direction. Optimistic expectations suggest that Bitcoin is expected to challenge the 120,000 dollar threshold, and if a successful breakout occurs, it may even advance towards the 124,000 dollar range.
Nevertheless, investors should keep in mind that the Crypto Assets market is highly volatile, and any investment decision should be based on thorough research and risk assessment. Market opportunities coexist with risks, and rational analysis and cautious operations are essential.
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HypotheticalLiquidator
· 13h ago
Look, the volatility indicator is already at the alert line. Wait until the suckers are all killed off.
View OriginalReply0
MemecoinResearcher
· 13h ago
running sentiment analysis... probability of a q4 moonshot = 69.420% (n=1337)
Reply0
GasWaster
· 13h ago
just waiting for gas to hit 10 gwei before i fomo in... story of my life smh
The current market sentiment in Crypto Assets is becoming conservative, but historical data shows that this might be the moment for investors to remain optimistic. Looking back at the past decade or so, October is usually regarded as Bitcoin's "lucky month," with an average rise of over 20%, and only two years seeing a fall. As October begins, the market seems to be brewing a new round of trends.
Some analysts hold a positive attitude towards the recent market trends, believing that the current price is around 118,600 dollars, and suggest a strategic buy near 117,700 dollars. However, there are also opinions that if the price falls below 117,000 dollars, it may be necessary to reassess the market direction. Optimistic expectations suggest that Bitcoin is expected to challenge the 120,000 dollar threshold, and if a successful breakout occurs, it may even advance towards the 124,000 dollar range.
Nevertheless, investors should keep in mind that the Crypto Assets market is highly volatile, and any investment decision should be based on thorough research and risk assessment. Market opportunities coexist with risks, and rational analysis and cautious operations are essential.