October, Crypto Money MarketIn the upline, the famous analyst Ash Crypto warned for an early jolt. Analyst X In the scenario he shared from his account, he pointed out that the optimistic air was preserved until the middle of the month, but many individual investors could be eliminated with a short -term decrease. After the correction in the analysis, the last part of the month highlighted the possibility of a strong recovery.
Correction warning for mid -October
ASH CRYPTOIn the first half of the month, beyond upober, the perception of pumptober may be strengthened, but the weakness that arose in technical indicators, especially in the average 4 -day average intersection Bitcoin$ 105,000 in EthereumHe said he brought the risk of withdrawing up to around $ 3,800. He pointed to October 15–20 as a calendar range. At the end of the summer, the land purchase of many investors who took positions as a factor that will increase short -term volatility. He emphasized the possibility of liquidation with liquidity jams.
The expectation of the analyst is that with the elimination of weak hands, a healthier rise floor will occur. Ash Crypto said that the portfolio was purchasing with approximately 85 percent, and that it kept 15 percent cash to use it in a possible decline.
Rally Scenario for Crypto Coins for the end of October and 4th quarter
Ash Crypto, which predicts the direction change in the last ten days of the month, Short positionsHe said that a break that may occur with the increase in Bitcoin can carry Bitcoin to a band of 150,000-180,000 dollars and Ethereum to the range of $ 8,000-12,000. In this context, he sees the acceleration potential for the last quarter of the year. The selected Altcoins also showed the claim that returns can be targeted in the 10–50 -fold range as part of the script.
CoinglassThe past data offered by the month of October shows that the possibility of positive closing for Bitcoin is 73 percent and the average return is about 29 percent. On the 10th of October of the last 12 years, Bitcoin closed the month plus. Especially in 2023 28.5 percent and 10.8 percent in 2024 monthly rise. Many analysts, such as Ash Crypto, offer seasonal and sensitivity effect as a basis for the rally scenario.
