On September 3rd, crypto analyst Rekt Capital pointed out that the historical performance of Bitcoin (BTC) in October is usually very strong. The data shows that Bitcoin has only experienced declines in October 2014 and 2018, both of which were in a bear market cycle. At present, the market is in a bitcoin halving cycle year. Historically, Bitcoin has only seen single-digit gains in October in 2018 (also a bear market year). In addition, October usually brings double-digit gains, with an average increase of 22%.