#BTC has been seeing some significant movements lately. October is typically a bullish month for the cryptocurrency, often referred to as “Uptober” in the crypto community 🧌

Historically, Bitcoin ($BTC ) has shown strong performance in this month, averaging a 28.7% gain over the years​ 🖤

However, this October started with a market shake-up, with $540 million in crypto liquidations, mainly in long positions.

Despite this, Bitcoin remains in a relatively strong position, trading at above $61,350.