'Uptober' Is Nearly Upon Us—Here's What It Means for Bitcoin

As the clock ticks into the last quarter of the year, traders start to itch for better gains. Luckily for crypto investors, many believe in the mighty legend of “Uptober,” a month in which their bags will pump harder than ever before. The concept of Uptober stems from Bitcoin having a green October for nine out of the past 10 years, Iliya Kalchev, an analyst at crypto platform Nexo, told Decrypt. The analyst pointed to 2017 and 2021 as particularly good years, with BTC rallying 50% and 40% respectively.