My question is, is it advisable for a newbie who has never invested in Bitcoin before to take advantage of October too Are there any limitations or considerations I should be aware of as a newbie?
Before investing in Bitcoin it is necessary to gain knowledge about it. If an investor has investment knowledge then he is definitely worthy to invest in Bitcoin. But no investor should depend on any particular month for profit. The month of October is different from the others months. Bitcoin has a high probability to be bullish from this month onwards.
Bitcoin is heading towards the bullish movement we have been waiting to see since the 2024 halving. Last march Bitcoin has been bullish. We saw bitcoin gets new ATH at the earliest. But since then Bitcoin has been a bit bearish and October starts the market gradually turns green. If we look at the charts for other months of the year, October looks relatively green. Those who have decided to buy Bitcoin for short term or long term they can invest in Bitcoin without any hesitation. Long-term investment is the best suited for Bitcoin investment.