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\n \n “October’s strength is typically supported by September weakness, where seasonally softer September performance historically improves October’s month-over-month setup,” noted Compass Point analyst Ed Engel in a recent client communication. This seasonal momentum comes at a time when macroeconomic conditions are becoming increasingly challenging, providing additional catalysts for a potential bitcoin rally.\n <\/p>\n \n The political landscape has also contributed to this environment. The U.S. government faced a shutdown on Wednesday after lawmakers failed to reach an agreement on federal funding. This uncertainty has prompted some traders to turn to bitcoin as a hedge against growing political and economic instability. In response to these developments, the cryptocurrency saw a nearly 3% increase on Wednesday, surpassing $117,000\u2014just a few percentage points shy of its record price achieved in August 2025.\n <\/p>\n \n Over the past year, bitcoin has surged more than 90%, largely fueled by former President Donald Trump’s rollback of federal regulations affecting the asset and its industry. If historical trends hold true, bitcoin is well-positioned for further gains this month. However, the bar for achieving substantial month-over-month increases this October may be higher, given the asset’s impressive performance last month.\n <\/p>\n \n In September, bitcoin gained 5%, a notable shift from its typical trend of ending the sluggish summer month in the red. This positive momentum sets the stage for what could be a remarkable October, as investors and traders alike keep a close watch on the cryptocurrency’s performance.\n <\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":" Bitcoin could be on the verge of a significant surge this October, following its historical price trends for the month, according to insights from Compass Point. The world\u2019s oldest cryptocurrency has experienced gains in 10 out of the last 12 Octobers since 2013, making it the most favorable month for the asset in terms of […]<\/p>\n","protected":false},"author":1,"featured_media":2259,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[],"class_list":["post-2258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/posts\/2258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/comments?post=2258"}],"version-history":[{"count":0,"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/posts\/2258\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/media\/2259"}],"wp:attachment":[{"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/media?parent=2258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/categories?post=2258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/tags?post=2258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\n Bitcoin could be on the verge of a significant surge this October, following its historical price trends for the month, according to insights from Compass Point. The world\u2019s oldest cryptocurrency has experienced gains in 10 out of the last 12 Octobers since 2013, making it the most favorable month for the asset in terms of seasonality. This remarkable performance has led many in the crypto community to affectionately refer to October as “Uptober.”
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