Rekt Capital: Data shows that Bitcoin's average historical increase in October reaches 22%

Rekt Capital: Data shows that Bitcoin's average historical increase in October reaches 22%

Bitget2024/09/03 02:09

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%.

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