Bitcoin (BTC) delivered fresh retests of $60,000 back up on Oct. 31 with a affair of hours left until the crucial monthly close.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Record monthly close hangs by a thread

Information from Cointelegraph Markets Pro and TradingView showed lackluster price action on Lord's day, with BTC/USD below the "worst-case scenario" for its October shut.

Analysts were eagerly awaiting to see if the end of the calendar month could provide a turnaround and evidence the worst-case theory correct for a 3rd month running.

Its creator, PlanB, male parent of the stock-to-flow model, correctly guessed the $47,000 and $43,000 finales for Baronial and September, respectively.

Even without succeeding, however, finishing Oct in a higher place $60,000 would mark several achievements in itself.

As Cointelegraph previously noted, Sundays have tended to meet weaker performance from Bitcoin this month, with Mon contrasting the mood with a show of force — especially into the Usa open.

"BTC daily says get ready for November," popular trader and analyst TechDev summarized on the day, putting the focus on the coming month.

BTC/USD ane-month candle chart (Bitstamp). Source: TradingView

Shiba Inu ends its run in altcoin slowdown

Altcoins staged copycat moves as Bitcoin waned, with the top x cryptocurrencies past market capitalization seeing modest losses over the past 24 hours.

Related: Bitcoin eyes 3rd weekly close in a higher place $60K as Ethereum fuels new altcoin market cap record

Shiba Inu (SHIB), the star of the by calendar week, lost more than heavily, down thirteen% at the time of writing but all the same with weekly gains of 45%.

Sentiment mimicked the lack of upside, with the Crypto Fearfulness & Greed Index showing failing "greed" in recent days.

Crypto Fear & Greed Index as of October. 31. Source: Alternative.me