October is typically the best month for Bitcoin, will the history repeats itself?

This places it among the top months, though it is not unequivocally the absolute best—November edges it out slightly with an average of around +35% over the same period, driven by bull market rallies in multiple years. Q4 as a whole (October-December) is historically the strongest quarter for BTC, with average returns exceeding +80% across longer datasets, often attributed to year-end portfolio rebalancing and seasonal optimism in crypto markets.

To illustrate, here’s a summary of October returns for BTC (sourced from aggregated historical analyses):

For comparison, the best single month in the period was December 2020 (+47.7%), but on an averaged basis across years, November holds the top spot.

By: António Costa, Alcral AG Head of Global Investments