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Will October Bring Gains for Bitcoin Based on Historical Trends?

  • Bitcoin briefly surpassed $62,000 but quickly fell back, currently trading around $61,271.
  • BTC has risen over 7% in September, a notable change from its usual average loss of about 6% for this month.
  • Historical patterns suggest a bullish outlook for Bitcoin in October with an average gain of over 14% since 2018.
  • Bitcoin must surpass the $63.5K zone to potentially climb back to $65,000 or even $70,000, validating the bullish sentiment for October.

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