Bitcoin news: The last time this happened to BTC, it was 2012

Bitcoin news: The last time this happened to BTC, it was 2012

Summary

Bitcoin is on track for a third consecutive monthly gain, a rare streak previously seen only in 2012. That sequence was followed by a 9.7% October decline and then a rally of more than 2,000%, but the single historical example is too limited to predict what happens next. Analysts say today’s institutional market, deeper liquidity and spot ETF participation make a rally of similar scale unlikely. U.S. spot bitcoin ETFs have attracted more than $5.5 billion since August, though analysts say the durability of those inflows and macroeconomic conditions matter more than calendar patterns. Some expect a possible October pullback, not necessarily a new low.