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Bitcoin holds up in September; will it rise further in October as \'Up-tober\' hopes grow?

Bitcoin traded around $83,823 on Oct. 1, extending gains but failing to break the $84,433 resistance level. Expectations are building for an October “Up-tober” rally, though U.S. rate hikes, rising Treasury yields and spot bitcoin ETF outflows are seen capping upside. Bitcoin rose 6.33 percent in September. Since 2013, October returns have averaged 19.92 percent, but performance has varied, including a 3.69 percent fall last October.