October tends to be a bullish month for cryptocurrenciesThe JPMorgan report points to a historical trend of strong performance in the month of October, commonly referred to as 'Uptober.' The analysts emphasize that Bitcoin has made positive returns in October in multiple years (over 70%), the analysts write:"While past performance is not a predictor of future performance, we believe that the 'Uptober' hype may have influenced people's behavior and led to positive gains for Bitcoin this October."