It's been 75% of 2022, which is the year of Bear Market.
Q1: Distribution at top.
Q2: Big red candle (FED increase rates, LUNA crash + Big startups/companies collapsed )
Q3: Sideway (ETH the Merge, Tesla sold BTC)
Let's start Q4.
From history experience:
+ BTC went very cheap after 1 year from the top of last cycle (Q4 2022)
+ Good time for HOLD is 1 year before the next halving (Q2 2023)
+ Bear zone + Accumulation zone is good time to train yourself (TA + FA)
CryptoRoseChannel.t.me
Q1: Distribution at top.
Q2: Big red candle (FED increase rates, LUNA crash + Big startups/companies collapsed )
Q3: Sideway (ETH the Merge, Tesla sold BTC)
Let's start Q4.
From history experience:
+ BTC went very cheap after 1 year from the top of last cycle (Q4 2022)
+ Good time for HOLD is 1 year before the next halving (Q2 2023)
+ Bear zone + Accumulation zone is good time to train yourself (TA + FA)
CryptoRoseChannel.t.me
"October effect" this month has seen legendary crashes in 1907, 1929, 1987 and 15. October in 2007
https://www.foxbusiness.com/markets/octobers-record-market-crashes-makes-most-feared-month-financial-calendar-october-effect
https://www.foxbusiness.com/markets/octobers-record-market-crashes-makes-most-feared-month-financial-calendar-october-effect
Fox Business
October's record of market crashes makes it most feared month on financial calendar: 'October effect'
The "October effect" has historically garnered fears that fall's first full month will be bad for markets, having historically seen some of the country's largest crashes.