Bitcoin’s October Turns Red With 6% Monthly Loss

[nihalsari]

Bitcoin has broken its usual “Uptober” trend, sliding 6% so far this month after plunging below $104,000 — its lowest level in four months. The drop comes after BTC started October above $115,000, sparking over $1.2 billion in ETF outflows. Still, analysts remain optimistic, noting Bitcoin has historically rebounded in the second half of October. Expectations of Federal Reserve rate cuts could also help fuel a recovery.

[EmTeam]

A mild correction doesn’t break the macro trend — Bitcoin still holds higher lows on the long-term chart.

[jacson4]

Short-term dips often reset sentiment before the next big leg up — patience pays here.