Will October Be Bitcoin’s (BTC) Glory Month Again?

Jakarta, Pintu News – Bitcoin (BTC) looks set to repeat its history with an impressive performance in October, based on historical data and recent market analysis. Changpeng Zhao, founder of Binance, highlighted that this positive trend is likely to continue, given the performance of Bitcoin (BTC) which has shown an increase of almost 5% in September. Read in this article!

Historical Analysis by CZ

Changpeng Zhao, better known as CZ, recently shared data showing that Bitcoin (BTC) often experiences price spikes in October. In October 2017, for example, Bitcoin (BTC) recorded significant gains.

Data from CoinMarketCap shows that Bitcoin (BTC) traded for $228.99 in mid-2015 and experienced a stagnation period of more than a year before surging.

CZ used this data to illustrate the potential upside that may occur again in October this year. With such a strong performance in September, there are high hopes that October will bring a breath of fresh air for crypto investors and enthusiasts.

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October: A High-Performing Month for Bitcoin

Based on data from CoinGlass, October averaged a 21.89% gain for Bitcoin (BTC), making it the second-best performing month after November. Over the past six years, Bitcoin (BTC) has always closed October with a gain, five of them with double-digit gains.

This fact adds to the optimism among market participants who are looking forward to the continuation of the bullish trend. Market analysis from CoinGape even predicts that Bitcoin (BTC) could reach up to $150,000 in the fourth quarter of this year, with the rise starting from October.

Also read: Chainlink Predicted to Surpass XRP Ledger, Here’s Why!

Market Predictions and Expectations

A crypto analyst, Titan of Crypto, noted that whenever Bitcoin (BTC) closes September with a gain, October always follows with a better performance. With Bitcoin (BTC) expected to close the month with a 5% gain, many expect this trend to continue.

If history is a reliable indicator, then this October could be a very profitable month for Bitcoin (BTC) investors. With the support of historical data and current trend analysis, expectations for a significant rise don’t seem to be just speculation.

Conclusion

With various data and predictions in favor, October might be an interesting month for the Bitcoin (BTC) market. Investors and market watchers will be closely watching to see if the historical trend will repeat itself and bring a significant price spike.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coingape. CZ Hints at Uptober Bitcoin Rally Following Green September. Accessed on October 4, 2025
• Featured Image: Generated by AI