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Based on historical data, Bitcoin (BTC) has had a positive October return in 9 of the last 11 years. The OpenAI artificial intelligence model predicts that the price of Bitcoin will be between $80,800 and $83,900 at the end of October 2024. This forecast is based on the average and median historical returns of October and assuming the starting price of $65,717. Historical data shows that October has averaged a return of 22.90%. Currently, the price of Bitcoin is $65,870, which has grown by 56.07% since the beginning of the year. However, experts warn that despite positive expectations for October, price volatility is still possible and investors should be cautious. /farcon
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