A CNBC host has laid out the condition for a bullish October setup in Bitcoin (BTC): the cryptocurrency would need to extend a seasonal pattern that has held in 10 of the last 13 years — a monthly gain averaging close to 19%.

The condition was set out in a video published Friday, Oct. 2, in which the host argued that October has historically been one of the strongest months for the digital asset.

The October Pattern

Per the record cited, Bitcoin has closed October higher in 10 of the past 13 years, with those monthly advances averaging close to 19%. The remaining three Octobers in that span closed lower, so the record describes a tendency rather than an unbroken run. The consistency of the pattern has made October one of the most closely watched periods on the Bitcoin calendar.

Seasonality in Focus

October's recurring strength is well known among cryptocurrency market participants, and the month has picked up the informal nickname "Uptober." Seasonality — the tendency of an asset to display recurring performance patterns at particular times of the year — is widely tracked across both traditional and digital-asset markets, though historical patterns are not guaranteed to repeat.

Against that backdrop, the host's framing sets a clear marker for the month ahead: whether Bitcoin closes this October higher — which would extend the record to 11 of the last 14 years — is the specific condition behind the bullish setup.

Bitcoin, launched in 2009, is the largest cryptocurrency by market value and is commonly used as a benchmark for the broader digital-asset sector. CNBC is an American business-focused television network whose markets coverage is widely followed.

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This content was first published on COINOTAG.