Research report outlines why the crypto market might be on the verge of a reversal By Cointelegraph
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Research report outlines why the crypto market might be on the verge of a reversalAs November begins, analysts are busy dissecting the major market movements that occurred in October. While (BTC) stayed relatively unchanged with only 5.89% growth in October, Arcane Research senior analyst, Vetle Lunde mapped out the direction the market might take in the next few months.
“Uptober,” a reference to Bitcoin’s bullish historical performance in the month of October, was a common theme across many threads on Crypto Twitter and, according to Lunde, this performance appears to have happened once again. Data shows BTC and exchange tokens outperformed the large caps index up until Oct. 26.
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Research report outlines why the crypto market might be on the verge of a reversalAs November begins, analysts are busy dissecting the major market movements that occurred in October. While (BTC) stayed relatively unchanged with only 5.89% growth in October, Arcane Research senior analyst, Vetle Lunde mapped out the direction the market might take in the next few months.
“Uptober,” a reference to Bitcoin’s bullish historical performance in the month of October, was a common theme across many threads on Crypto Twitter and, according to Lunde, this performance appears to have happened once again. Data shows BTC and exchange tokens outperformed the large caps index up until Oct. 26.
Continue Reading on Coin Telegraph
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