Bitcoin Breaks the September Curse; Sufficient Demand in October Still to Be Verified
2026-10-01 17:44:04
CoinMeta US stock data: Bitcoin ( BTC ) closed September with a 6.33% increase, breaking the trend of average losses since 2013. However, with the arrival of October, the buying momentum that drove this rise weakened. Spot Bitcoin ( ETF ) saw the end of nine consecutive days of capital inflows on Wednesday, and long-term holders began to increase their selling. September's performance broke its pattern of losses, despite an average loss of 2.41% for that month. Nevertheless, from 2023 to 2026, this month has been among the four consecutive years of gains. According to ( Santiment ) data, gold fell by more than 6% in September, while the S&P 500 index saw a slight decline. ( CryptoQuant ) believes that this increase marks the beginning of a new bull market, and its bull market rating index is now at 90 points (out of 100). Historical data for October also supports this view, with over 10 of the past 13 Octobers ending with gains, averaging a rise of 12.73%. However, the latest capital flow data indicates a decrease in buyers.
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Source:BeInCrypto
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