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Rekt Capital: BTC October historical average increase of 22%
On September 3rd, encryption analyst Rekt Capital pointed out that BTC usually performs strongly in October. Data shows that BTC only experienced a decline in October in 2014 and 2018, both of which were in a Bear Market cycle. Currently, the market is in the BTC Halving cycle year. Historically, BTC has only had single-digit gains in October in 2018 (also a Bear Market year). In addition, October usually brings double-digit gains, with an average pump magnitude of 22%.