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  1. Home
  2. Pulse of the market
  3. October’s Bullish History Still in Play

October’s Bullish History Still in Play

Scheduled Pinned Locked Moved Pulse of the market
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  • cryptobroC Offline
    cryptobroC Offline
    cryptobro
    wrote last edited by
    #1

    a58c74bc-f02b-4204-8563-459ecaae381f-image.png

    Despite being down 0.6% month-to-date, Bitcoin has historically seen most of its October gains in the second half of the month.

    In 2024, BTC gained 16% after Oct. 15.

    In 2023, it surged 29% in the same period.

    In 2020, it climbed 18%.

    This history earned October the nickname “Uptober.”

    Melker also pointed to gold’s all-time high rally last week as a bullish signal for Bitcoin:
    “Investors aren’t panicking, they’re reallocating. And if gold can rally that hard, imagine what happens when capital starts rotating back into Bitcoin.”

    1 Reply Last reply
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    • J Offline
      J Offline
      jacson4
      wrote last edited by
      #2

      Historically, October has been one of the best months for Bitcoin’s performance.

      1 Reply Last reply
      0
      • A Offline
        A Offline
        alex10
        wrote last edited by
        #3

        Seasonal momentum combined with ETF optimism may fuel a repeat of past Uptober rallies.

        1 Reply Last reply
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