Bitcoin's Historic October Surge: A $40,000 Rally on the Horizon? 


Bitcoin historically performs well in October, with gains in 8 out of 10 years since 2013, sparking optimism for a positive month. 

October and November are historically strong months for Bitcoin, with expectations of a bullish trend referred to as "uptober." 

Analysts like Michael van de Poppe are bullish on October and predict a potential rise to $40,000, fueled by ETF approvals and pre-halving excitement. 

September 2023 was the strongest September for Bitcoin in the last seven years, indicating positive momentum. 

Whales, holders of 10 to 10,000 BTC, have been accumulating Bitcoin, with a total of 13.03 million BTC held, suggesting a positive long-term outlook. 

Tether (USDT) whales are also accumulating buying power, with wallets holding 100,000 to 10 million USDT now totaling 15.03 billion coins, potentially supporting Bitcoin's rally in October. 

Expert Predicts Bitcoin to Surge to $40,000 in Q4 2023