Is November the New October? Analyst Says It’s Bitcoin’s Strongest Month — Here’s the Data

Crypto analyst Lark Davis suggested that November is Bitcoin's strongest month, citing an average gain near 42.5% based on historical data from 2013 through 2025. However, this high mean is significantly inflated by a massive 449% jump in November 2013. The median return for November is much more modest, around 9%, which better reflects a typical month's performance by mitigating the effect of extreme outliers. The terms "Uptober" (for October) and "Moonvember" (for November) are crypto slang used to hype potential rallies, but analysts caution that seasonality should be viewed as descriptive history, not a reliable forecast. Recent Novembers have shown wide dispersion, including losses, meaning traders typically wait for technical confirmation like price levels and volume changes before relying solely on calendar effects.

(Source：CoinDesk)