Up to the top did not appear. Bitcoin is down 4.2% this month, compared to an average increase in October of +18.1% since 2020. US buyers pulled back. The Coinbase Premium has been negative every day this October and has been at a low since June. The pillow is gone. Short-term merchant paper gains fell from 33% in September to 8%. The support is stacked just below. The 365-day MA is $77.6K, and the traders' average cost basis is $74K. A close below $74k puts this trader underwater. Read the full report.

Up to the top did not appear. Bitcoin is down 4.2% this month, compared to an average increase in October of +18.1% since 2020. US buyers pulled back. The Coinbase Premium has been negative every day this October and has been at a low since June. The pillow is gone. Short-term merchant paper gains fell from 33% in September to 8%. The support is stacked just below. The 365-day MA is $77.6K, and the traders' average cost basis is $74K. A close below $74k puts this trader underwater. Read the full report.