Mmastodon BusinessCrypto first seen 1 d ago, last 1 d ago, peak #1
Crypto traders debate whether 'Uptober' will materialise
Original: Uptober-Psychologie 🎃 Kommt der „Uptober“ oder ein roter Monat? Aktuell steht der Oktober bei -1 %. Weil nach 3 grünen M
Bitcoin is starting October slightly down, about -1%, defying the widely held belief in an 'Uptober' — the crypto market's expectation that October is historically a bullish month. Observers note that after three consecutive green months, most traders expected a pump, and that heavy anticipation itself raises the risk of profit-taking turning the month red instead.
Why now: The crypto community is watching whether the fabled bullish October pattern will repeat or reverse after three strong months.
Rank over time, top of the chart is #1. 2 snapshots from 1 d ago to 1 d ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2864664