Bitcoin's Rare August-September Streak Puts $100K In View This 'Uptober'

Bitcoin (CRYPTO: BTC) is on track for its first positive August-September combination since at least 2013, a pattern that historically sets up a strong “Uptober.”

Why the Back-to-Back Green Months Matter

CoinGlass data shows Bitcoin gained 24.95% in August, its third-strongest August since 2013 and best since 2017, crushing the historical August average of 2.82%. 

Meanwhile, September is up 7.3% so far with five trading days left in the month, already narrowly topping September 2024 as the strongest September in the dataset, against a typical September loss of 2.34%. 

Compounded together, Bitcoin’s two-month gain sits near 34.1% based on the current snapshot, and including July’s 7.36% rise, the third-quarter advance would reach roughly 43.9% if September’s gain holds through month-end.

What October Has Historically Delivered

October has finished positive in 10 of the past 13 years, a 76.9% win rate, with an average gain of 19.92% and a median of 14.71%. 

Following the five prior years with a positive September, Bitcoin still delivered an October gain four times, averaging 16.76%. 

Applied mechanically to Bitcoin’s current price, the historical median would put Bitcoin near $96,800, while the average would push it to roughly $101,200.