Market analysis on October 15, 2024! Bull market in October and November?
At present, Bitcoin is blocked and falls back around the 66500U position. This position has been reached for the second time. If it can break through, it means that the 90-day oscillation cycle has been completed! The next step is to hit above 700000U. There is a correction trend in the 4-hour chart, but there is no obvious sign of a sharp drop. The daily chart is in good condition and is still a bullish trend. The overall trend risk rate in the medium and short term is relatively small. It is currently in a relay correction trend after a sharp pull-up, so you can continue to hold it! The currency market has been fluctuating and falling for half a year, so there is a high probability that there will be a relatively long market in October and November. Try not to get off the bus and hold the coins in your hands!