BTC October Bottoming Pattern and Potential Upside
10/6/2024 4:05:32 PM
According to 0xjaypeg, Bitcoin (BTC) typically finds its bottom within the first 3-4 days of October. Historically, from this bottom to the end of the month, BTC has shown an average increase of 32% and 36% if excluding Octobers with negative returns. After a sell-off, BTC reached $59,800 on October 3. If BTC experiences a 30% increase from this level, it could potentially reach $77,700 by the end of October. (Source)
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