According to BeInCrypto, Bitcoin (BTC) enters October under four identified pressures: thin liquidity, weaker demand for ETFs, ongoing concerns related to the Iran war, and an approaching deadline tied to Mt. Gox. These factors are noted as potential influences that could appear on price charts.
Historically, Bitcoin has closed higher in ten of the last thirteen Octobers, with a median gain of 12.73% according to Coinglass data. In the current month, BTC has so far been up.
