If you look at Bitcoin’s chart over the past few years, an interesting pattern becomes clear: significant growth usually began after the 19th and intensified toward the end of the month. This trend has led the crypto community to nickname October “Uptober” — a month when BTC historically shows positive momentum.
It’s also worth noting that there has been a noticeable increase in the number of new Bitcoin whales, which may indicate that large players are preparing for a potential price surge. These whales are actively accumulating BTC, but their identities and motives remain a mystery.
Given the current market conditions and past trends, investors and traders can only wait and watch how “Uptober” unfolds toward the end of the month. Perhaps, we’ll witness a repeat of historical scenarios.