According to ChainCatcher, crypto analyst Rekt Capital pointed out that Bitcoin (BTC) has a strong historical performance in October.

Data shows that Bitcoin has only experienced declines in October in 2014 and 2018, both of which were in a bear market cycle. At present, the market is in the year of Bitcoin halving cycle. Historically, Bitcoin has only seen a single-digit increase in October in 2018 (also a bear market year). In addition, October usually brings double-digit increases, with an average increase of 22%.