October Crypto Report

TOP 100 | Average -3.45% | Higher:27 | Lower: 72 | Unchanged: 1

After the Top 100 we cover had a 16.91% gain in September, October was a mixed month. Bitcoin started October with a price of  $62,655 and ended with $70,760 (+13%) while the top 100 averages a loss of 3.5%. Noteable were cryptos with a timeliness ranking of "Very Bullish" (1) up 9% in October.

Key Performers

• WhiteBit Token (WBT): Up 64%. WBT has maintained a "very bullish" rating on our Timeliness indicator since August 1. Its steady rise culminated in a major spike on October 12, surging from $11.51 to $15.11 in a single day.
• Popcat (POP): Up 61%, following a 75% increase in September.
• Dogecoin (DOGE): Up 48%.

Trends are Important – An Example:

WhiteBit Token has had a Timeless rating of very bullish since August 1, due to its slow increase in price that has now continued for over three months.  This proceeded a significant price pump on Oct 12^th then it increased in price from $11.51 to $15.11 in a single day, below is the 2-hour price chart:

Timeliness values range from 1 (Very Bullish) to 5 (Very Bearish), with intermediate ratings: 2 (Bullish), 3 (Neutral), and 4 (Bearish). While individual monthly results may vary, the overall performance across these categories has shown strong consistency over the 16-month tracking period. 

Observations:

• The Very Bullish (Timeliness 1) assets consistently outperformed, with significant positive returns even in challenging months. 179.52% total return, demonstrating substantial growth and affirming its top rating.
• The Very Bearish (Timeliness 5) category struggled overall, frequently underperforming or yielding negative returns. -4.37% total return, the only category with a negative return, aligning with its bearish designation.
• The average return across all Timeliness ratings over this period is 45.03%, reflecting a favorable overall market trend.
• Monthly fluctuations occurred due to market conditions, yet the long-term trends support the predictive strength of the Timeliness system.

This analysis underscores the importance of the Timeliness metric in helping investors gauge potential asset performance over time. By aligning investment decisions with these metrics, investors can better navigate market volatility and optimize returns based on anticipated market behavior.

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