Here’s What Happened The Last Time The Bitcoin Price Closed October In The Red
The crypto group has lengthy referred to October as Uptober, a nickname earned via Bitcoin’s constant historical past of sturdy month-to-month performances. The pattern has been so dependable that the month grew to become synonymous with worth surges.
Bitcoin has all the time closed October in revenue over the earlier seven years, a report streak unmatched by some other month in its historical past. Nevertheless, October 2025 seems to be difficult that status. Because the month attracts to an finish, Bitcoin is roughly 4% under its month-to-month open, and October might finally end in red territory for the primary time since 2018.
Bitcoin May Shut October In Pink
Bitcoin’s worth opened October at $114,079, and its sentiment was overwhelmingly bullish firstly of the month, carrying over a constructive 5% month-to-month shut in September. This bullish sentiment noticed the main cryptocurrency break above $126,000 for the primary time earlier than lastly setting a brand new all-time excessive of $126,080 on October 6. The transfer strengthened hopes that Uptober would stay as much as its title as soon as once more.
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Nevertheless, the bullish momentum cooled off quickly, with Bitcoin slipping under $120,000 in a short time. By the center of the month, Bitcoin witnessed a flash crash that precipitated its worth to fall as little as $101,000 in a fast transfer. Because it stands, Bitcoin is now consolidating close to $110,000 by late October, and it could possibly solely register a month-to-month shut above this stage.
The final time Bitcoin closed October within the crimson was in 2018, when it closed at $6,303, which is about 4% under its October open of $6,958. That 12 months was through the peak of a protracted bear cycle, when the crypto market was struggling to get better from the large 2017 rally. Bitcoin’s worth had already suffered consecutive down months, and October’s decline was adopted by an much more brutal 36.4% crash in November, the steepest month-to-month loss within the cryptocurrency’s historical past.
May November Be Completely different This Time?
The query now could be whether or not Bitcoin may repeat this downtrend in November 2025. If historical past have been to repeat itself, prefer it all the time does within the crypto market, a detrimental October shut might precede one other correction in November. Nevertheless, the reply won’t be as easy.
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In contrast to in 2018, Bitcoin’s present market construction is supported by a number of bullish fundamentals. Institutional curiosity via Spot Bitcoin ETFs, trade outflows, and on-chain knowledge exhibits that long-term holders are not selling aggressively. At the same time as the worth is consolidating round $110,000, volatility is decrease than throughout earlier market tops, and this means a phase of cooling before another breakout.
Even when the month closes in crimson, the general bullish trajectory of Bitcoin is intact. Bitcoin continues to carry its dominance and entice capital inflows. The one positive manner Bitcoin may finish November 2025 in crimson is that if Spot Bitcoin ETFs carry out very poorly all through the month.
On the time of writing, Bitcoin is buying and selling at $109,700.
Featured picture from Pixabay, chart from Tradingview.com
