So you thought it was going to be up-only Uptober? Think again.

Looking back at the average weekly returns for $BTC since 2010, week 40 has traditionally been a weak week.

So if you subscribe to seasonality, this week should mark the local bottom.

If you're a more active trader, you can start looking for bottoming formations that, if they work, will provide good asymmetric upside.

#trading #Bitcoin