Bitcoin (BTC) has seen its highest monthly close since May 2022 after “Uptober” delivered near 30% BTC price gains.
BTC/USD 1-month chart. Source: TradingViewMonthly close boosts Bitcoin bull market hopes
Data from Cointelegraph Markets Pro and TradingView confirms Bitcoin bulls successfully held on to upside into Nov. 1.
After navigating a choppy mid-month trading environment, hodlers were treated to a finale similar in character to October’s initial breakout.
Monitoring resource CoinGlass thus put October as the second best-performing month of 2023. Bitcoin gained 28.5%, trailing only January’s 39.6%.
BTC/USD monthly returns (screenshot). Source: CoinGlass
Reacting, popular trader…
Read more on Cointelegraph