{
  "id": 17787587,
  "title": "From Uptober to Hacktober: Are Bitcoin’s seasonal patterns becoming obsolete?",
  "url": "https://urgent.news/2026/11/02/from-uptober-to-hacktober-are-bitcoins-seasonal-patterns-becoming",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-02T11:19:18.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/markets/uptober-hacktober-bitcoin-seasonal-pattern"
  },
  "original_language": "en",
  "account": "Bitcoin experienced a 7.3% drop in October 2026, following a 4% decline the previous year, despite historically strong returns for the month, known as \"Uptober.\" Analysts are questioning the reliability of this seasonal pattern as Bitcoin trades more like a macro asset driven by economic data and institutional flows. The month has historically delivered Bitcoin's highest median return at 15.4%, but September's bearish reputation has weakened as Bitcoin has posted gains every September since 2023. Analysts believe that traders may be buying ahead of an expected October rally, which could be impacting Bitcoin's price. Additionally, Bitcoin's narrowing price swings may be making seasonal trends less pronounced, with its typical monthly move declining from 14% between 2013 and 2016 to 9.6% since 2024. While some analysts caution against writing off Uptober entirely, pointing out that price performance depends more on spot demand dynamics than cyclical patterns, others believe that the broader market cycle is a more important factor when comparing returns.",
  "summary": "Bitcoin lost 7.3% in October 2026 after another decline the previous year, despite the month’s historically strong returns, as analysts reassess seasonal signals.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}