QCP Capital published an analysis that BTC's rebound to $65,000 may be related to Mt.Gox's postponement of repayment until October 2025. Although there may be many factors that can explain the current trend, if you look at the historical price trend, this is a rather interesting moment, because it is now mid-October and there are only three weeks before the US election. If you look back to 2016, BTC has been trading in a very narrow range for more than 3 months. It was not until three weeks before the US election that BTC began to rise from $600 and eventually doubled its price in the first week of January. Similarly, in 2020, BTC was trapped in a boring range for half a year until it rebounded from $11,000 three weeks before the US election, reaching a high of $42,000 in January. So far, October's performance has been quite disappointing, with BTC only up +1.2% compared to an average increase of +21%.