When the month of October started that time it was expected that it was going to do great however the start of October was not great. Generally, October is a good month for the crypto market and based on historical performance this has happened multiple times in the past. Following the same pattern it was expected that this month Bitcoin is going to do great and in the beginning, it was not looking to happen.
Now we are in the third week of the month and the Bitcoin price has increased by almost 12% in the last seven days. This price increase is surely not a small one and the double-digit growth is something that brings a good value addition to the investment with Bitcoin. Now looks like Bitcoin is following the October month momentum which is known as uptober. Do you think that Bitcoin has started following the historical pattern and if yes then do you also think that it is going to make its all-time high this month or maybe in the next month?
Everyone is anticipating the crypto market will run soon and looks like we're at the edge of it the bull run might start by the end of this year or maybe we will get to see it next year. It is obvious that the market is unpredictable and we don't know when things are going to trigger for better price increase but in any case, the long-term investment has been profitable even when the market was not doing good. It will do great when the market is better but even in the bull run people made a lot of money and during the beer market, it has given some opportunities for the people to make some money out of it.
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