"Uptober" has dissapointed as:
- Spot demand continued to contract, while US investors remained mostly on the sidelines.
- Trader's took profits, while there's still gains to be realized.
- Overall conditions became less bullish (Bull Score Index down from 90 to 60).
Macro events to watch: Fed decision, US elections.
Key levels for Bitcoin: the 365-day moving average at $77,585, the trader realized price at $74,041 and the 200-day moving average at $73,028.
Our latest report in the post ๐