October Turns Out to Be Black October

Bitcoin ended October down 7.32%, its worst October since 2014.

So much for Uptober.

Rising yields, a stronger dollar, and global tensions hit the market hard.

And to make things worse, Binance faced a $6.3 billion hack.

$ETH funding rates just hit their lowest level since June’s bottom.

Everyone is expecting a big dump.

Do you really think ETH is going lower? 👍 or 👎

Saylor hints at another Bitcoin buy: “More orange.”

Fed to inject $3.65B next week. Bullish for BTC.

Morning thought 🌄

Stop using your energy to worry. Use your energy to believe, create, love, grow, glow, manifest, and heal.

Bitcoin is holding above $78K, but a wave of FUD could be coming after the exchange hack, just like it did after FTX

People panicked back then too, but Bitcoin recovered and started a massive bull run

Maybe this time won’t be much different.

RBI MONITORS CRYPTO CARDS

More Indians are using offshore crypto cards for daily payments, shopping, and travel.

RBI and FIU are examining these services over possible violations of India’s payment rules and FEMA regulations.

Volatility Alert 🚨

US ISM Manufacturing PMI data drops today at 8:30 PM IST.

Previous: 54.5
Forecast: 54.5

Above 55.5: Bearish
54.0 to 55.0: Neutral
Below 53.5: Bullish

Iran's Supreme Leader granted the government authority to pursue US-Iran talks.

Oil is dumping on this news.

Morning Thought 🌞

DISCIPLINE IS EXPLAINING TO YOUR BRAIN THAN YOU NEED TO SACRIFICE IMMEDIATE PLEASURES FOR GREATER REWARDS IN THE FUTURE.

More downside movement looks possible for Ethereum as it has already broken below an important trendline support.

If it follows this pattern, ETH could fall towards $2,200 to $2,000, which is an important support zone.

BlackRock sold $405.3M in Bitcoin, its biggest daily outflow in 4+ months.

A whale just opened a $33M ETH long with 15x leverage and a 10M HYPE long with 10x leverage.

Looks like someone is expecting a big move up.

$BTC has never printed a red October and a green November

You know what this means, right?