Bitcoin price prediction for October 31, according to historical returns
In this news:
Key takeaways
- Bitcoin historical October returns average 13 percent upside between 2011 and 2025.
- The historical mean of average and median returns points to a target of 93539.45 dollars by October 31.
- Today rebound was supported by strong demand from United States spot exchange traded funds.
Regardless of Bitcoin (BTC) recording a selloff of more than 5% over the first two weeks of October 2026, trading at approximately $82,663 on October 20, historical returns revealed a possible bullish close by the end of this month.
Between 2011 and 2025, Bitcoin has recorded an average return of 13% upside in October, according to data Finbold fetched from CryptoRank on Tuesday. With Bitcoin having opened October trading at roughly $83,592, the historical average signals a potential rally to $94,458.96 by October 31.
Meanwhile, BTC’s price has registered a median climb of 10.8% in October during the past 14 years. If BTC price follows its median historical return by the end of the next two weeks, it could reach a target of $92,619.94.
Consequently, the historical mean of Bitcoin’s average and median return is $93,539.45, which suggests a possible 13.16% uptick over the next 11 days.
Notably, the highest October BTC return since 2011 was 53.8% in 2013 while the lowest was a 35.1% decline in 2011.
Bitcoin price performance on October 20
Despite a choppy consolidation over the last four weeks, BTC saw its market capitalization climb to $1.66 trillion over the past 24 hours, amid the broader cryptocurrency rebound.
However, BTC’s 24-hour average trading volume fell by 4.45% to $25.32 billion, as per updates from CoinMarketCap.
Today’s Bitcoin rebound was driven by strong demand from the United States spot exchange-traded funds (ETFs), led by BlackRock Inc. (NYSE: BLK)-backed iShares Bitcoin Trust (IBIT), as Finbold reported.
As a result, if BTC follows its historical returns, it could reclaim $90,000 and reach a mean target of $93,539.45 by October 31, 2026, possibly driven by renewed institutional demand.
Share the article:
Trending News & Crypto World
.png)
Latest Crypto News
Top Trending Cryptocurrencies on The Market
Current Price
$8.718
Market Cap
$873.9M 3.25%
24h Volume
$330.3M
Supplies
100.0M / ∞
Current Price
$0.8623
Market Cap
$866.4M 7.67%
24h Volume
$86.9M
Supplies
2.0B / ∞
Current Price
$1.032
Market Cap
$862.1M 3.28%
24h Volume
$249.2M
Supplies
2.0B / ∞
Current Price
$3.384
Market Cap
$849.0M 6.91%
24h Volume
$73.7M
Supplies
1.0B / 1.0B
Current Price
$2.426
Market Cap
$844.4M 20.88%
24h Volume
$6.1M
Supplies
2.1B / 2.1B
Current Price
$0.8267
Market Cap
$826.2M 3.00%
24h Volume
$5.2M
Supplies
1.0B / 1.0B
Current Price
$11.251
Market Cap
$824.6M 0.03%
24h Volume
-
Supplies
73.4M / ∞
Current Price
$0.9985
Market Cap
$823.9M -0.04%
24h Volume
$290.6K
Supplies
825.0M / ∞
Current Price
$2.023
Market Cap
$807.9M 13.77%
24h Volume
$133.1M
Supplies
1.0B / 1.0B
Current Price
$0.02700
Market Cap
$736.3M 6.00%
24h Volume
$9.9M
Supplies
100.0B / 100.0B
Current Price
$0.8191
Market Cap
$723.9M 5.96%
24h Volume
$104.7M
Supplies
1.2B / 2.1B
Current Price
$2.238
Market Cap
$710.7M 3.61%
24h Volume
$58.0M
Supplies
329.5M / 400.0M