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Bitcoin Flashes Buy Signal After Price Closed 2nd Green Month Candle In A Row

  • The Bitcoin price closed October with a 10% gain and a second consecutive green candle, signaling a positive trend.
  • Historical analysis suggests that the Bitcoin market rallies when two consecutive green monthly candles are recorded.
  • This pattern is similar to the 2021 bull run, where three straight green monthly candles were followed by an accumulation phase.
  • The upcoming US elections could bring certainty to the market and potentially cause a Bitcoin rally in November.

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