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As September is about to bid farewell, the performance of the Bitcoin market has attracted the attention of many investors. Despite the significant fluctuations in the market this month, which left many feeling uneasy, it ultimately achieved a 4% rise, living up to the expectations of the holders.
Looking back at historical data, October is often regarded as Bitcoin's 'golden month'. Trends from the past few years show that during this time, Bitcoin tends to perform well, either breaking through after fluctuations or starting a rising trend, rarely disappointing.
Based on the current trend, if there are no major unexpected events, Bitcoin is likely to challenge the 120,000 mark in October. The stable performance in September laid the groundwork for October's market, and although the process has been bumpy, there has been no significant decline, which has added a lot of confidence to the upcoming market.
As September comes to an end, the window of opportunity for October is about to open, and those investors who have remained patient may see hope. At this time, there is no need to rush into buying at a high, nor to worry excessively. Staying calm and observing the changes while following Bitcoin's performance is the wise course of action.
At this moment full of opportunities, it is particularly important to plan funds reasonably, seize investment opportunities, and control trading pace. For novice investors, listening to the advice of experienced investors can help them avoid detours and better grasp the pulse of the market.
Overall, October will be a key period for the Bitcoin market. Investors need to remain vigilant while also maintaining reasonable expectations of the market. Regardless of the outcome, this will be a month worth following.