Matrixport: If the Bitcoin price stays above $108,000, the upward trend in October will continue

ChainCatcher message, Matrixport released a chart stating: "We have been decisively bullish in October 2022, late September 2023, and early October 2024. The first two judgments were contrary to mainstream market opinions at the time, but were ultimately confirmed by subsequent trends. Now, Bitcoin has once again entered the historically strongest month of October.

Over the past decade, the average increase in October has reached 21.6%, with only one year recording a negative return. This pattern indicates that the current market environment still leans towards bullish. If Bitcoin's price remains above $108,000, the market's seasonal advantage is likely to continue."