Hello Uptober! Surprise us.

Hello everyone...

Today already started the last quarter of this year and as it is near the end of 2021, bitcoin and other cryptocurrencies want to close with a flourish a year that has been vital for cryptocurrencies worldwide, and today October 1st the crypto sphere has started with a good foot, mainly because the price of bitcoin managed to climb and is currently trading at $ 47K, a price expected by many for weeks as it marked the beginning of a prolonged upward trend that ended with the price of bitcoin above $ 100K. And also this good bull run sentiment has infected the whole market as other cryptocurrencies such as ETH, BNB and Solana reported positive rises.

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If we analyze the annual cycle of trends that edicted constantly talks about, we will see that it is in October when the bullish cycle begins ending in December where all the bulls are rebounding every day and the bears are going on vacation far away. In September which is the month that just ended we see that it is red, and rightly so since the market was very bearish throughout September, making me lose hundreds of dollars, but I know I will recover it soon.

Although I have in my crypto bag different types of cryptocurrencies, I bet mainly on HIVE, LEO, SPS, CUB, CAKE, and recently PVU, tokens that I seem to have always under surveillance as they have good growth rates, for example, HIVE although it was also affected when the price was close to $0.8 at the beginning of September and returned to $0.5, today dawned with a price of $0.62 which indicates a potential growth and an arrival at $2.

The LEO also suffered a sharp fall to $0.18 but at the time of writing this, has recovered and maintains a price of $0.21 and like the HIVE is also expected to be able to reach $1 as a resistance price for 2022 and stay there. CUB remains with a bearish price of $0.4 but no matter what price CUB has, I prefer to keep it as a currency that I will not touch for a few years and that I will receive rewards every day since I keep it in the realm of auto compounding and every month my investment grows little by little.

The same happens with CAKE, since 2 months ago I put in the kingdom 0.98 CAKE and so far I have been able to collect 0.16 CAKE for the auto trading just for a passive investment that I will keep for a few more months.

El SPS es muy vital para mi en estos momentos, ya que como esta cada vez mas cerca la nueva venta de paquetes que contaran como requisito vital el tener SPS en stake para obtar por los cupones, y aunque no tengo suficiente espero que aunque sea me salga la oportunidad de obtener 1 cupon.

And lastly, there is the PVU token that belongs to the crypto game plant vs undead, which as the price is at a good $3 purchase level, for a very valuable game token, so it is vital to buy tons to keep when the December cycle comes to get my profits.

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Also, everything in the crypto sphere is starting to heat up and getting ready for the bullfight, for example despite China's bans on bitcoin and crypto trading in their country as well as the threatening or strange comments by the SEC and the US government, the truth is that it has not had much effect on the market and it has quickly recovered.

For example, although China has been very strict with the miners in that country and has expelled them by lowering the hash rate, even to this day they have not been able to end all bitcoin mining in the Asian, since at this moment there are still 133 nodes operating in the country, which clearly shows that cryptocurrencies are something very big that cannot be easily destroyed.

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Anyway, there is a good bullish sentiment everywhere and a monumental rise is in the air soon, for example, PlanB who is famous for having accurately predicted the month closing price of bitcoin in August and September, has said that by the end of October the price of bitcoin would be $63K which is very convincing seeing that last year also in October it started on a good footing and ended with a price X3 at the end of December. So to think that by the end of this year it would exceed $135K sounds more and more convincing because if it replicates last year's upward trend it would reach $130K or more, if so the total market capitalization of cryptocurrencies would easily reach $5 trillion.

So, October surprise us and show us what you have brought us in the last quarter, months of constant gains and joy.

Posted Using LeoFinance ^Beta