PANews reported on Oct. 3, citing Bitcoin Magazine, that a CNBC host said October has historically been a strong month for Bitcoin. According to the host, Bitcoin has recorded only three monthly declines in October since 2013. The comment points to a long-running seasonal pattern often watched by crypto traders as they assess how the market may behave during the final quarter of the year.
The host also said there are already signs that price action this month may unfold in line with market expectations, adding that Bitcoin could be preparing to enter a new bull market. The report did not provide additional data or identify the specific indicators behind that view. PANews also noted that the content was provided for market information only and does not constitute investment advice.
PANews reported on Oct. 3, citing Bitcoin Magazine, that a CNBC host said October has historically been a strong month for Bitcoin, with only three monthly declines since 2013.
The host also said there are signs that this month’s market action may develop in line with expectations, and that Bitcoin could be getting ready to start a new bull market.
The report added that the content was provided for market information only and does not constitute investment advice.
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