Is crude oil accepting this seasonal positive? But the likelihood of abnormal performance may be 50-50, and analysts warn that falling trading volumes could open the door to a bull shock.
Analysts at Bitfinex said the likelihood of Trump winning the presidential election, combined with historically bullish market conditions, could be a "perfect storm" of price action that could push bitcoin to all-time highs next month. "The confluence of election uncertainty, the Trump trade narrative, and favorable fourth-quarter seasonality has created a perfect storm for Bitcoin, and whatever the price moves ahead of the election in two weeks' time, there will be an exciting period ahead." ...