September was knackering, filled with nothing but consolidations and more consolidations. Looking at the Bitcoin charts, it was an entire month of ranging from $40k zones and $48k. Such volatility, much wow.

The month began with a dummy spike in price of Btc but took a dive on the day the Bitcoin legalization law was put in action by El Salvador and since maintained an awkward movement. Although some citizens rose to protest the move, it failed to lead to any obvious FUD’s or reasons for dumping.

Microstrategy and other publicly traded companies have been gobbling up the mini dips like ice cream.The month of September saw the highest level of increase in holdings of the top investment corporations in the world according to the stats in this post. Previous months were dominated by Bitcoin sell offs, however September was dominated more by purchases and less sales.

El Salvador also announced additional purchase of about 200 bitcoins followed by more rumors of other South American countries following suit in the Bitcoin Legalization move. El Salvador now holds around 700 Bitcoins. Not bad for a developing country. Fundamentally, September was a really good month for Bitcoin.

At some point the market seemed to be regaining some strength again then the China FUD happened again for the 50th time, followed by a dummy dump, dummy because the effect of China on Bitcoin is wearing off. With the addition of all this occurrences, Bitcoin looks like a water tank that’s about to bust.

Winners of the Month $DEC $SPS

$SPS and $DEC have performed extremely well, so well that it seems they are both emancipated from the entire crypto spheres drama, just cruising in their own lane. Splinterlands has been making it rain everywhere and doing massive numbers, Hive has also been one of the best performing coins with quick recovery times.

In this post I set a dummy buy price for $SPS, DEC, and BNB and in this moment I’ve made some interesting profits. I bought dummy 100$ worth of Sps at 0.26, dec at 0.0062 and Bnb at 400. Sps is now worth 0.6, dec 0.0084 and Bnb 427. Bull effect? Or I’m getting good at this thing.

Sweet November

September gave us a typical replay of every other September in crypto, if the charts are repeating patterns, then November is when numbers go nuts and will sure be happening again, but what happens in October? I’ll appreciate some interesting action! What about you?

Thanks for reading. Have a great month people!

Check out my thoughts on the previous months.

August in crypto

July in crypto

June in crypto

May in crypto

April in crypto

Posted Using LeoFinance ^Beta

Posted Using LeoFinance ^Beta