Historically, Obtober has brought the most bullish momentum to the market than any other month and this we think may be no different.
If we look at the past 11 years in the table below, we see that October has been GREEN 9 out of 11 years!
Futhermore, following an election year, the following two months also been green for a very Bullish crypto run!
It’s Uptober—Time to Plan Your Exit
October has traditionally been a strong month for crypto, often referred to as Uptober due to the market’s upward momentum. But as exciting as price rallies can be, it’s crucial to have an Exit plan for when to take profits.
Having an exit plan is key, here's why:
Maximize Gains: An exit strategy helps you lock in profits at the right time so you don’t miss out when prices are at their peak.
Control Emotions: The market’s volatility can lead to emotional decision-making. A pre-set exit plan ensures you stay disciplined and make rational moves, even when the market is surging.
Make Sure You’re Prepared with Merlin
At Merlin, our goal is to make tracking and managing your crypto as easy and smart as possible. With tools to help you monitor price movements, set personalized exit plans, and keep you informed about market trends, Merlin ensures you're always prepared to make the most of opportunities like Uptober.
Start Your Free Trial with Merlin Today and make sure you have the smartest exit plan for this Uptober and beyond.
To your success!