Uptober returns: why Bitcoin tends to soar in the last quarter

Every year, despite macroeconomic turbulence and market volatility, Bitcoin shows a pattern that repeats with almost surgical precision: its most powerful rally occurs between October and December. This seasonality, popularly known as "Uptober", is not a mere coincidence; it responds to macroeconomic, behavioral, and technical factors that have historically driven the price at the end of the year.

October, November, and December: the most bullish triptych for Bitcoin

According to data collected by Cryptoquant since 2013, the fourth quarter is consistently the most profitable for Bitcoin. While August (-0.54%) and September (-4.16%) tend to deliver flat or negative returns, October (+21.89%), November (+46.02%), and December (+4.75%) have significantly outperformed the historical monthly average.

This behavior has been so consistent that the term Uptober has become a sort of mantra among investors. October, in particular, not only represents a positive month but also serves as a turning point in the annual cycle, activating the bullish phase that usually extends until the end of December.

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