Rekt Capital: Data shows that Bitcoin's average historical increase in October reaches 22%
Cryptocurrency analyst Rekt Capital pointed out that Bitcoin (BTC) usually performs very strongly in October.
Data shows that Bitcoin only experienced a decline in October 2014 and 2018, both of which were bear market years. Currently, the market is in a Bitcoin halving cycle year. Historically, Bitcoin has only seen single-digit increases in October 2018 (also a bear market year). Apart from this, October usually brings double-digit increases with an average increase of 22%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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