uptober
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Is Uptober Real ????? 10 Years of Crypto Markets in October
In 8 of the past 10 years, the global crypto market rallied in October compared to the previous month. The âUptoberâ month-on-month (MoM) gains ranged from 7.3% in 2022 at the lowest, to 42.9% in 2021 at the highest. 2014 and 2018 were the only exceptions, when the October total crypto market capitalization declined 12.7% and 8.3% MoM respectively.
From 2014 to 2023, October has recorded an average of 14.0% MoM growth in total crypto market capitalization.
This seems to indicate that there generally is an Uptober effect on a monthly basis, whereby the crypto market rallies on the back of strong Bitcoin price performance.
#CryptoMarkets #CryptoTalks #uptober #Bullrun
In 8 of the past 10 years, the global crypto market rallied in October compared to the previous month. The âUptoberâ month-on-month (MoM) gains ranged from 7.3% in 2022 at the lowest, to 42.9% in 2021 at the highest. 2014 and 2018 were the only exceptions, when the October total crypto market capitalization declined 12.7% and 8.3% MoM respectively.
From 2014 to 2023, October has recorded an average of 14.0% MoM growth in total crypto market capitalization.
This seems to indicate that there generally is an Uptober effect on a monthly basis, whereby the crypto market rallies on the back of strong Bitcoin price performance.
#CryptoMarkets #CryptoTalks #uptober #Bullrun
LIVECHash
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What does Uptober mean ?
Bitcoin monthly returns on October have been historically positive, with an average return of 22% over the past ten years. In fact, Bitcoin has closed October in profit eight out of ten times since 2013.
Some notable examples of strong Bitcoin returns in October include:
2021: +39.93%2020 : +27.7%2019: +10.17%2017: +47.81%2015 : +33.49%2013: +60.79%
#BTC #crypto2023 #uptober
Some notable examples of strong Bitcoin returns in October include:
2021: +39.93%2020 : +27.7%2019: +10.17%2017: +47.81%2015 : +33.49%2013: +60.79%
#BTC #crypto2023 #uptober
What does Uptober mean ?
Bitcoin monthly returns on October have been historically positive, with an average return of 22% over the past ten years. In fact, Bitcoin has closed October in profit eight out of ten times since 2013.
Some notable examples of strong Bitcoin returns in October include:
2021: +39.93%2020 : +27.7%2019: +10.17%2017: +47.81%2015 : +33.49%2013: +60.79%
#BTC #crypto2023 #uptober
Some notable examples of strong Bitcoin returns in October include:
2021: +39.93%2020 : +27.7%2019: +10.17%2017: +47.81%2015 : +33.49%2013: +60.79%
#BTC #crypto2023 #uptober
$MATIC
M CHART đą
Close the month like this, and it looks like a double bottom has formed.
I am still expecting a minor drop to around $0.45 before a strong move up towards $1 and beyondđ
That's where I will load up again and consider taking a long position.
Remember, in September, MATIC will migrate 1:1 to POL with more features!
Super bullish on @Polygon in September and #uptober ! #matic #polygon #trading #web3
M CHART đą
Close the month like this, and it looks like a double bottom has formed.
I am still expecting a minor drop to around $0.45 before a strong move up towards $1 and beyondđ
That's where I will load up again and consider taking a long position.
Remember, in September, MATIC will migrate 1:1 to POL with more features!
Super bullish on @Polygon in September and #uptober ! #matic #polygon #trading #web3
