October is a strong month in history
The crypto market is interesting. It is similar to some stock markets in that they also have seasonal fluctuations. For example, in the summer, the market performance is often not very good, but at the end and beginning of the year, the situation will improve.
Take Bitcoin, for example. In the past 9 years, except for the decline in October 2018 due to the bear market, from 2015 to 2023, there have been good positive returns every year. Especially in the second half of 2023, Bitcoin has been rising since October, coupled with the expectation of approval of the Bitcoin spot ETF, which may indicate that a new bull market is about to begin.
