Analyst Warns Bitcoin May See Monday Pullback After Sunday Gain
Image: CryptoPotatoOn October 4, BTC rose more than 1% during a Sunday rally. Analyst Ali Martinez highlighted a recurring Sunday-to-Monday price reversal pattern observed over the prior month, where Sunday gains were followed by Monday pullbacks. TD Sequential sell signals also appeared on the four-hour charts of BTC, ETH, and SOL. Historical data shows past comparable signals for each of these assets were followed by price corrections.
Key points
- BTC gained more than 1% during its October 4 Sunday rally
- A recurring Sunday-to-Monday price reversal pattern was observed over the prior month
- TD Sequential sell signals appeared on the four-hour charts of BTC, ETH, and SOL
- Past comparable TD Sequential signals for BTC, ETH, and SOL were followed by price corrections
Why it matters
The observed Sunday-to-Monday reversal pattern and TD Sequential sell signals align with historical instances that preceded short-term price corrections for BTC, ETH, and SOL.
What's unclear
The correction figures following past TD Sequential sell signals are attributed to BTC in one report and to ETH and SOL in the other
The Sunday-to-Monday reversal pattern sample covers only five weeks, including one near-flat Sunday price move
Price context · BTC
At publication
$86,230.00
Now
$85,997.00
Change since
−0.27%
7 days · dashed line = publication
Sources · 2 publishers
CryptoPotato
Tier 2
Analyst Warns of Bitcoin Monday Dump After Sunday Gain
Coverage timeline
- First reported by Blockonomi
- Confirmed by CryptoPotato
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
