Bitcoin Price May Boom in October, Could Hit $37K by Year-End: Matrixport

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The world’s largest cryptocurrency generally outperforms in the fourth quarter, returning on average more than 35% over the past nine years, the report said.

The final quarter of the year is historically bitcoin’s strongest in terms of performance, with an average return of more than 35% over the past nine years, crypto services provider Matrixport said in a report on Wednesday.

October is a notably strong month, with positive bitcoin returns in seven out of the last nine years, with average returns of 20%, the report said.

 

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