Analyst Warns of Bitcoin Monday Dump After Sunday Gain

A four-hour TD Sequential sell signal is also showing on Ethereum and Solana, whose past signals were followed by declines of up to 5.76% Bitcoin’s Sunday rally has brought a familiar pattern back in focus, with analyst Ali Martinez warning on October 4 that BTC could be in for a Monday pullback. Multiple Sunday to Monday reversals and new TD Sequential sell signals on Bitcoin, Ethereum and Solana are signs of caution, according to him. Five Sundays, Five Reversals Martinez wrote that Bitcoin’s Sunday moves have often reversed on Monday over the past month. Sunday rallies were followed by pullbacks, while Sunday declines were followed by rebounds. With BTC up more than 1% on October 4, the analyst argued that the pattern had returned to focus. The market watcher shared a table covering five Sunday-Monday pairs between August 29 and September 28, and every pair flipped direction. For example, Sunday gains of 0.50% on August 29 and 0.66% on September 6 were followed by Monday losses of 0.68% and 1.54%. Sunday dips of 0.57% on September 13 and 0.10% on September 20 were followed by Monday gains of 1.75% and 6.71%. On September 27, BTC finished up 0.01% and slid 1.12% on Monday. One th...