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CNBC hosts expect Bitcoin to take off in October; here are the reasons

2026-10-09 06:15:37
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Bitcoin enters a critical period at the end of the year, and expectations for the "Uptober" market are heating up

As 2024 enters the fourth quarter, market participants, analysts and Bitcoin traders are generally looking forward to a long-term price rebound. As key figures from all walks of life make predictions, market observers note that Bitcoin often has historically performed well at this time of year.

October has always been a strong month.

A recent CNBC report pointed out that Bitcoin has historically performed particularly strongly in October. Since 2013, only three October months have recorded declines. Current signs indicate that this month's trend is expected to show a positive trend as Bitcoin holders wish. Cryptoquant data shows that the amount of stablecoins flowing into the Binance Exchange has increased by 40% in the past 40 days.

The admission of institutional funds and improvement of the macro environment

The report further pointed out that the number of stablecoins flowing into Binance continues to rise, indicating that large holders are transferring funds to the exchange in advance for potential market changes and possible "Uptober"(October bull market). In the past 40 days, this inflow has climbed 40% to an estimated US$40 billion.

In addition, the report quoted data indicating that institutional investors are also buying Bitcoin, as evidenced by the recent increase in fund inflows from ETFs. Looking ahead, investors expect Bitcoin to move steadily upwards in a low-leverage environment, although market views remain divided.

值得注意的是,利率和流动性条件正变得更具支持性。最新的就业数据显示经济有所放缓,美联储继续加息的理由减少。这一转变释放出更多资本用于加密资产购买,并为风险资产创造了更有利的环境。在友好的监管背景下,当前局势可能指向一个牛市年份,而下一个主要的数据拐点将成为拼图中最引人入胜的一块。

实时行情

截至发稿时,比特币交易价格为81,666美元,过去24小时下跌1.9%,过去一周跌幅超过3%。

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