TLDR:Bitcoin begins October with a breakout above $118K, marking gains of 3.81% in 24 hours and 5.32% in seven days. Traders highlight October’s seasonal trend, as Bitcoin closed green in nine of the last ten years during this month. The price moved higher at the start of the new month, lifting trader sentiment across the market. Bitcoin Price Breakout Sparks OptimismMarket analyst Daan Crypto Trades said Bitcoin opened October with a clean breakout and a strong daily close. Price strength into the new quarter has renewed optimism that this seasonal trend could continue.