🚨 BITCOIN HEADING FOR ITS WEAKEST Q4 IN 7 YEARS
So far this quarter, Bitcoin is down 22.54% on a monthly basis.
The last time Q4 looked this weak was 2018, when BTC printed a brutal -42.16% monthly return.
Not exactly what most expected coming into year end.
This kind of weakness in a historically strong quarter tells you sentiment has fully flipped. Expectations were high. Positioning was crowded. And the market needed to reset.
Moments like this tend to shake conviction the most, right before conditions start changing again.
BTC
87,678.12
-1.96%