Here’s what Bitcoin needs before ‘Uptober’ can start
Bitcoin (BTC) is making a positive September despite the historically negative returns during what the market calls the “September Effect.” Traders and investors are now looking ahead to the upcoming “Uptober,” the market’s moniker for a historically positive month, October. Finbold retrieved Bitcoin monthly returns from CoinGlass on September 25, so far registering nearly 8% gains for this month. Notably, October has average and median results of 22.9% and 27.7%, respectively, since 2013, explaining the moniker. Meanwhile, the “September Effect” results in a negative 3.72% and 4.35% average and median for the current month. Picks for you Crypto trader turns $1.3k into $3.4 million in 15 days 1 min ago ...