Seven of nine years: what Uptober actually delivered for Bitcoin, Ethereum, Solana and XRP
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4 Articles
'Uptober' Hype Is Shaky as Bitcoin's Most Predictable Months Keep Failing
As some analysts continue pushing the “Uptober” narrative, calling for a strong rally in October based on its historic performance, the same historic data now warns to be more cautious. The two most predictable months in terms of bitcoin price performance rose in 10 of the previous 12 years, but ended in the red three […]
Seven of nine years: what Uptober actually delivered for Bitcoin, Ethereum, Solana and XRP
With October 1 the same word comes back every year: Uptober , the claim that October is the reliably strong month in the crypto market and the fourth quarter the strong season. We ran the numbers for the four largest tradable coins over nine years, in each case from the September 30 close to the...
With October 1st, the same word returns every year: Uptober, the claim that October is the reliable strong month on the crypto market and the fourth quarter the strong season. We have calculated this for the four largest tradable coins, over nine years, each from the closing price of September 30 to the closing price of December 31 and additionally for October alone. The result is divided into two: for Bitcoin, the claim in October actually bear…
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