cryptofamily

September recession and October optimism 
According to QCP Capital analysis, September is traditionally a bearish month not only for cryptocurrencies, but also for other asset classes. Analysts note that bonds have fallen in 8 of the last 10 Septembers, and gold has fallen every year since 2017. However, October, according to experts, demonstrates a strong bullish seasonality. Bitcoin has posted positive returns in 8 of the last 9 Octobers, with an average gain of 22.9%. This seasonal pattern may explain the continued purchase of call options in a volatile market. QCP Capital analysts recorded the purchase of another 150 December calls with a strike price of $80,000 during the morning hours of the Asian session.