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      What Is Uptober, and Why Is Bitcoin Expected to Rise in October?

      • Uptober — the crypto community’s name for October, derived from the words up and October.
      • In 10 of the 13 completed Octobers in 2013–2025, bitcoin ended the month with positive performance.
      • In early October 2026, bitcoin rose above $87,000.

      In the crypto community, October is traditionally called Uptober. This informal name is formed from the English words up and October, and is tied to Bitcoin’s historically bullish stats.

      According to CoinGlass, in 2013–2025 bitcoin closed October in the green 10 out of 13 times. That means a positive result was recorded in 76.9% of cases.

      The average return of the first cryptocurrency in October over this period was +18.71%, while the median was +12.73%. The best October for bitcoin was 2013, with a gain of +60.79%. The worst was October 2014, when the asset fell by 12.95%.

      October was also negative in 2018 and 2025.

      Statistics of bitcoin’s monthly gains and declines. Data: CoinGlass.

      Additional metrics cited by Plan B also point to bitcoin being in a relatively strong position after September’s close.

      According to his data, in September 2026 bitcoin closed the month at $83,563. This is above bitcoin’s realized price, estimated at $54,000, and the 200-week moving average at $66,000.

      Based on the data provided, 82% of addresses and 71% of bitcoin are in profit.

      In August 2026, Coinbase CEO Brian Armstrong posted his own “vision board” on X. Among the events he expected, he cited a convincing bipartisan vote for the CLARITY Act on September 15, Uptober, and the start of a new bull run in the crypto market.

      However, part of this scenario has already failed to materialize. On September 15, the U.S. Senate was unable to advance the CLARITY Act. Despite this, October started positively for bitcoin. The asset is trading near the $87,000 mark:

      BTC/USDT rate on the Binance exchange. Source: TradingView.

      As a reminder, bitcoin closed September up 6.5%.

      Сообщение What Is Uptober, and Why Is Bitcoin Expected to Rise in October? появились сначала на INCRYPTED.


      Source: Incrypted
      .

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