
This Historical Pattern Seems to be Repeating Itself
Disclaimer: Always DYOR and this is just my personal opinion.
Timeframe: 1 Month
From October 2020 to June 2022, literally the same pattern has repeated now.
This time it is from October 2024 to June 2026, literally same months
If this pattern plays out like in 2020 - 2022, the bottom should be 50sk here's why ;
If we apply the 2020 - 2022 pattern, the bottom is 16k which happened in December 2022 (Which is contrary to the popular belief it will be over in October, but nonetheless)
Dropping from 19k to 16k is a 15% drop, hence if applied to 63-62k we get 53k - 52k
Also it is worth mentioning October was the start of bull runs repeatedly but not always
Example of bearish Octobers are 2022 and 2025. There's a real chance this October could trigger a bull run.
More research is required.