BTC Tends to Rise Strongly in October with an Average Increase of 22%
CryptoNewsTerminal Staff02 Sep, 2024
BTC Tends to Rise Strongly in October with an Average Increase of 22%
Historically, Bitcoin (BTC) has performed exceptionally well in the month of October. A recent analysis by renowned crypto trader Rekt Capital reveals that BTC has closed in the red in only two Octobers: 2014 and 2018. In every other October, BTC has registered impressive gains, averaging approximately 22% per month. This pattern has remained consistent throughout the years, making October a highly anticipated month for BTC traders and investors.