Crypto Expert Predicts ‘Uptober’ Rally: Bitcoin Could Soar in October and November

Bitwise Investments CIO Matt Hougan forecasts a potential surge in the cryptocurrency market, particularly for Bitcoin, in October and November, citing historical trends and current market conditions. He attributes the recent market softness to uncertainties like the U.S. presidential election, Federal Reserve rate decisions, and ETF flows. However, he highlights the strong performance of Bitcoin in October and November historically, coupled with the rapid adoption of Bitcoin ETFs, as potential catalysts for a rally.

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