Historically the fourth quarter of the year Q4 has always been the best month for Bitcoin and Bitcoin holders except for last year when FTX and Sam Bankman Fried (SBF) happened, the former CEO and founder of FTX made the Last Q4 suck as the collapse of FTX and them filing for Bankruptcy made the price of Bitcoin to dip or dump to the $15k level. Hopefully, this Q4 would not suck like last year and we would return to the Historical trends of the fourth quarter of the year which suggests a promising end of the year for Bitcoin. So Let us see if this present October, November, and December will follow the same pattern previous Q4 pattern except for last year's outcome.
A lot of people in the space keep saying the past outcome always repeats itself or in better terms, history always repeats itself, I would say it is true to some extent but still the past movement or outcome is not an assurance of future occurrence. But I must say I have experienced the Q4 pumps practically. And Q4 are obviously the best months for Bitcoin, especially after rektember or September when Bitcoin always experiences a lot of struggle, dips, dumps and almost always closes out on a negative note but these years September closed out positively, although it had a lot of dips as usual.
Every major high created ever was in these months mostly december but the last Bitcoin all-time high was created in November 2021. This year's October or Uptober started out on a positive note, especially the first of October through the second of October, Bitcoin has shown to have good pumps in October. Let us see if history respects itself and we will see Bitcoin pumps this month.
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