UPTOBER or DOWNOBER $BTC ???
we have been listening new released music called "uptober".
I will analyze the three consecutive OCTOBER then you will predict what will happen in third October.
October 2022
on October 2022, as you can see on the pic the price was already on uptrend and price fall on correction to the confluence of order block and golden ratio, then caused uptober.
key point
+ uptrend
+ correction
+ strong support
October 2023
on October 2023 price was clearly in uptrend and price fall on correction phase to order block with dip retracement, then caused uptober.
key point
+ uptrend
+ correction
+ strong support
October 2024
Now October 2024 is in consolidation or correction phase, there is no clear trend. The consolidation or correction doesn't hit strong support yet.
key point
+ no clear trend đ ââïž
+ correction or consolidation đââïž
+ no strong support đ ââïž
Conclusion
October 2024, fulfills only one out of three of key point of the last two October those caused uptober.
I seems it will be DOWNOBER.
