A closer look at “CryptoQuant’s 3 Charts Keep Bitcoin’s ‘Uptober’ Thesis Valid as Onchain Data Eyes Potentia”, exactly as the source publishes it. Bitcoin’s ‘Uptober’ narrative remains intact, according to fresh onchain analysis from CryptoQuant. The analytics firm highlights three key charts that suggest BTC price action may have found a potential bottom in early October, even as external headwinds like macroeconomic uncertainty and geopolitical tensions weighed on risk assets. CryptoQuant’s data shows that demand for Bitcoin has remained resilient, with key metrics such as exchange outflows, miner reserves, and the short-term holder realized price all pointing to underlying strength.
These indicators suggest that long-term holders are accumulating, miners are not capitulating, and recent buyers are holding firm — all classic signs of a market preparing for its next leg up. Why it matters: October has historically been one of Bitcoin’s strongest months, with an average return of over 20% during past bull cycles. For the complete material, the listing points back to the source inside the network.