Hello World of the Bitcoins and the Cryptos!
Welcome to the start of October & look at what just got updated.
(click to zoom)
The Monthly Historical Chart for Bitcoin is here, hooray!
With a new month here, I have now included the latest Open/Closing prices for September.
The official Open for October is now in there as well at $10,800.00 USD.
We will have to wait and see how we close out on ooky-spoopy bone people day.
I will be sure to make the monthly update extra spoopy for all of you!
Also thank you everyone for reading, stopping by, tipping, commenting, and just for using Publish0x in general.
Truly a great thing going here and am excite to watch it grow along with all of these crazy crypto prices.
So what the freak is happening now?!?
If you are on my Twitter list you might have seen me post about how October decides the fate of a $20k Bitcoin before end of year.
While it may be just a theory and certainly anything is bound to happen.
This likelihood is to easily reachable to cast aside and ignore especially if you are accumulating more Bitcoin.
This idea at the very least will help further confirm any lasting suspicions one might have about the overall fate of Bitcoin for 2020.
Bitcoin opened at just under $10.8k but it has taken a swift dump down to around the likes of $10.5 and $10.6k.
A few very significant things have now happened.
Regions $11k and $10.9k have now been rejected again giving us a Head & Shoulders pattern.
This is kind of a big one too which is important to add.
This pattern normally means we are in for another big move down even further.
For some that means the CME Gap is going to be filled once and for all.
For others we are in for another huge Corona dump now possibly by the beginning of November.
On the flip-side of things there are also institutional investors buying at every price no matter what happens to Bitcoin.
For me I would like to see how October closes to weigh in any heavier.
That's because if October closes higher than its open of $10.8k it revives my checklist for hitting $20k before 2021.
According to what I calculated Bitcoin would have needed to hit a few more key points for that to happen.
One being that Bitcoin must open in October at around $11k and we opened just shy at $10.8k.
The next thing that would need to happen is Bitcoin would need to close October higher than what it opened at.
Which means Bitcoin's price only needs to clear $11k to check that off the list.
If that doesn't happen the list gets thrown away or added to the scrapbook for the grand-kids.
Be on your best behavior right now because we are in the midst of a scary, exciting, history making time period for Bitcoin.
Appreciate everyone for enjoying these monthly updates and look out for next months update for the latest info.
Thank you for reading!
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