The article states that October historically tends to be a bullish month for Bitcoin, with the cryptocurrency experiencing gains in eight out of the last nine years. QCP Capital predicts that Bitcoin could reach $78,000 in October, potentially breaking its all-time high. Ethereum also has a positive return in October, although its average return over the past eight years is lower at around 5% per annum. The options market for Ethereum has seen an increase in the number of purchased ETH October Calls, indicating growing optimism among traders. The article also mentions that Bitcoin has been trading between $60,000 and $70,000 for the past eight months, and there is speculation on whether it will experience a breakout in October. QCP Capital recommends a trading approach that involves a BTC Call DIGI with an exercise price of $75,000, which could payout 6.5 times the initial investment if the Bitcoin price increases. Overall, the article suggests that the next few weeks may be decisive for Bitcoin's further development.



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