Bitcoin May End October in Red for First Time Since 2018

  • Bitcoin has consistently recorded price increases in October for the past seven years, earning the month the nickname "Uptober."
  • In October 2025, Bitcoin opened at $114,079 but is currently trading around $109,700, roughly 4% below its monthly opening price.
  • The cryptocurrency reached a new all-time high of $126,080 on October 6 but quickly fell below $120,000 and experienced a flash crash to $101,000 mid-month.
  • This could be the first time since 2018 that Bitcoin ends October in red.

Market Outlook

  • November 2025 may not necessarily follow the same downtrend as 2018 due to strong market fundamentals.
  • Institutional interest via Spot Bitcoin ETFs and low volatility indicate potential for another breakout.
  • Long-term holders are not selling aggressively, suggesting confidence in Bitcoin's bullish trajectory.
  • Bitcoin's dominance in the market remains strong, with consistent capital inflows.

Bitcoin Chart