QCP Capital: October may see a seasonal rebound, and it is recommended to accumulate Bitcoin during the September pullback

CoinVoice recently learned that QCP Capital's latest analysis pointed out that September is usually a bear market month for cryptocurrencies and other asset classes, but October has historically performed strongly. Data shows that Bitcoin has achieved positive returns in October in 8 of the past 9 years, with an average increase of 22.9%. This seasonal pattern may explain the recent continued bullish buying in the options market, with 150 December expiration and $80,000 call options transactions observed again in early Asian trading. QCP suggests that investors may accumulate Bitcoin during the September pullback and take profits in October or at the end of the year. [Original link]