This is the last week of October month and the price for Bitcoin has been going up and down however it did not cross 70,000 us dollars mark. It's like we can say that the month of October has been much better, but it did not create the all-time high price for the Bitcoin, and I don't think it was expected to happen because we are still left with two months for the year and if things go well then probably Bitcoin can move a heed and creates its all-time high price.
This week was not great in terms of my activities on X because though I tried to show up every day, but I could not give it more time. Sometimes it happens because due to work schedule it is not possible to stay more active here. Since I was not much active on the platform hence, I expect that my numbers will not be great and there will be a downfall in overall metrics, but I believe engagement should be good enough as despite not being much active I was able to engage a bit more.
Here is this week's X progress report and this week's duration is from 13 Oct to 19 Oct 2024-
This week's Analytics
Here are the numbers for the week. As expected, we can see most of the numbers available in red colour except the engagement rate and yes it was expected. The engagement rate is up by 60% and to be precise then it is 3.9%. Basically, the x algorithm works in a way that if anyone is not active on the platform for popular days then the reach for your post gets reduced so if you are expecting more attention and impression to your post then you have to be active merge on the platform.
Impressions have gone down by 66% and currently stands at 5.3 K along with a deep of 65% on the profile visits as well. There is no increase or decrease on the new followers but other metrics like replies likes are also down. Metrics like bookmarks and reposts are not that much important and I don't care much about these two because these are just additional metrics which is good if there is good increase, and it does not affect even if it is low. The primary focus is more on the impressions engagement and the overall following count that I earn in a week but since I was not much active hence everything is down except the engagement rate. I know that how I can improve it and I'll be trying in the coming weeks to improve these numbers which you will be seeing it in upcoming reports.
Last Week
The last week was pretty good in terms of numbers and despite the impressions going down with slight reduction other metrics were good. Even though the new followers were down by 25% but there was good spike on the engagement rate replies likes along with profile visits. In my case it has been difficult for me to manage the increase on impressions as well as engagement rate and it is like when one is up then other is automatically down and below is the classic example of the same scenario.
The month is about to end in couple of days and this is the last weekend of the October month. Not sure if we can call it Uptober or not but I think bitcoin price has not better this month. Although it did not cross the $70,000 mark but it was pretty close. Now we are left with 2 months this year to see what is going to happen and whether bitcoin will break its all-time high that we have seen this year and will it also create its all-time high. I keep on reading a lot of posts on X and people are saying that the journey from here to 100K is just a matter of time and it won't be taking long looking at how much money flow is happening in Bitcoin through the ETF and overall buying happening in the market. I also got to know that this week Microsoft team is going through a proposal where it is proposed that Microsoft should be investing on Bitcoin which means if that proposal is approved then this tech joint is going to put their money on Bitcoin. At this point of time, it is not confirmed because things are in progress but if that happens then it is going to bring a lot of value and demand for the bitcoin.
[Images are from my X account wherever the source is not mentioned]
X Account- https://x.com/alok9811
Thank you
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