Will the upward trend continue in October this year?

Historical data shows that October is usually a strong month for the crypto market! Like some stocks, cryptocurrencies exhibit seasonal trends: The summer months tend to be dismal, followed by significant rebounds towards the end of the year and the start of the year.

Looking back on the past 9 years, Bitcoin has almost achieved strong positive returns in October between 2015 and 2023, except for the decline in 2018 due to the bear market.