datanothopium
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“Moonvember” is being mentioned again — but beware of misinterpreting the data!
Lark Davis calls November the strongest month for $BTC – averaging ~40% up.
But if you look closely at the CoinGlass heatmap: the median is only ~9% → most of the “beautiful” is due to an exceptional year (+449% in 2013) pulling the mean up.
→ Uptober / Moonvember is indeed a crypto autumn meme
→ Should only be seen as “historical context,” not a price target.
Real traders will wait for breakout – volume – market confirmation… not FOMO based on a meme.
This is not investment advice — I haven't even surpassed 3% of my portfolio this month, let alone 40%.
#Seasonality #Bitcoin #Moonvember #CryptoHistory #DataNotHopium
Lark Davis calls November the strongest month for $BTC – averaging ~40% up.
But if you look closely at the CoinGlass heatmap: the median is only ~9% → most of the “beautiful” is due to an exceptional year (+449% in 2013) pulling the mean up.
→ Uptober / Moonvember is indeed a crypto autumn meme
→ Should only be seen as “historical context,” not a price target.
Real traders will wait for breakout – volume – market confirmation… not FOMO based on a meme.
This is not investment advice — I haven't even surpassed 3% of my portfolio this month, let alone 40%.
#Seasonality #Bitcoin #Moonvember #CryptoHistory #DataNotHopium
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