Here’s What Happened The Last Time The Bitcoin Price Closed October In The Red

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The crypto assemblage has agelong referred to October arsenic Uptober, a nickname earned done Bitcoin’s accordant past of beardown monthly performances. The inclination has been truthful reliable that the period became synonymous with terms surges.

Bitcoin has ever closed October successful profit implicit the erstwhile 7 years, a grounds streak unmatched by immoderate different period successful its history. However, October 2025 appears to beryllium challenging that reputation. As the period draws to an end, Bitcoin is astir 4% beneath its monthly open, and October mightiness yet extremity successful reddish territory for the archetypal clip since 2018.

Bitcoin Might Close October In Red

Bitcoin’s terms opened October astatine $114,079, and its sentiment was overwhelmingly bullish astatine the opening of the month, carrying implicit a affirmative 5% monthly adjacent successful September. This bullish sentiment saw the starring cryptocurrency break supra $126,000 for the archetypal clip earlier yet mounting a caller all-time precocious of $126,080 connected October 6. The determination strengthened hopes that Uptober would unrecorded up to its sanction erstwhile again.

However, the bullish momentum cooled disconnected rapidly, with Bitcoin slipping beneath $120,000 precise quickly. By the mediate of the month, Bitcoin witnessed a flash clang that caused its terms to autumn arsenic debased arsenic $101,000 successful a speedy move. As it stands, Bitcoin is present consolidating adjacent $110,000 by precocious October, and it tin lone registry a monthly adjacent supra this level.

The past clip Bitcoin closed October successful the reddish was successful 2018, erstwhile it closed astatine $6,303, which is astir 4% beneath its October unfastened of $6,958. That twelvemonth was during the tallness of a prolonged carnivore cycle, erstwhile the crypto marketplace was struggling to retrieve from the monolithic 2017 rally. Bitcoin’s terms had already suffered consecutive down months, and October’s diminution was followed by an adjacent much brutal 36.4% clang successful November, the steepest monthly nonaccomplishment successful the cryptocurrency’s history.

Could November Be Different This Time?

The question present is whether Bitcoin mightiness repetition this downtrend successful November 2025. If past were to repetition itself, similar it ever does successful the crypto market, a antagonistic October adjacent could precede different correction successful November. However, the reply mightiness not beryllium arsenic straightforward.

Unlike successful 2018, Bitcoin’s existent marketplace operation is supported by respective bullish fundamentals. Institutional involvement done Spot Bitcoin ETFs, speech outflows, and on-chain information shows that semipermanent holders are not selling aggressively. Even arsenic the terms is consolidating astir $110,000, volatility is little than during erstwhile marketplace tops, and this indicates a phase of cooling earlier different breakout.

Even if the period closes successful red, the wide bullish trajectory of Bitcoin is intact. Bitcoin continues to clasp its dominance and pull superior inflows. The lone definite mode Bitcoin mightiness extremity November 2025 successful reddish is if Spot Bitcoin ETFs execute precise poorly passim the month.

At the clip of writing, Bitcoin is trading astatine $109,700.