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

ChainCatcher message, crypto analyst Rekt Capital pointed out that Bitcoin (BTC) has historically performed very strongly in October.

Data shows that Bitcoin has only experienced declines in October in 2014 and 2018, both of which were in bear market cycles. Currently, the market is in a Bitcoin halving cycle year. Historically, Bitcoin has only seen single-digit gains in October in 2018 (also a bear market year). Besides that, October usually brings double-digit gains, with an average increase of 22%.