Gold peaks as Bitcoin falls – But Uptober isn’t dead yet

October 2025 has already earned the title of Bitcoin’s Second Worst October Ever. This can be a shocking flip in a month that has often been favored by bulls.

Supply: Alpharactal

In fifteen years, solely 4 Octobers have closed within the purple. However with a 73% probability of ending within the inexperienced, the chances are nonetheless in Bitcoin’s favor.

Regardless of the shaky begin, many suppose the month might flip bullish earlier than it ends, conserving the streak alive.

This is the place it will get fascinating

A uncommon sign within the BTC/Gold ratio stated the tide might quickly flip.

Supply:

According to recent data the ratio has up to now reached ranges solely seen at main market bottoms, instances which are usually one of the best instances to change from gold to Bitcoin.

The BTC/Gold Oscillator has been hovering round -1.8, traditionally tied to cycle lows the place BTC begins to outperform gold.

As Alphractal CEO Joao Wedson put it, the chart “principally” screams that it is “time to promote gold and purchase Bitcoin.”

With gold at its peak and Bitcoin exhibiting backside indicators, the risk-reward equation could now favor crypto over the traditional secure haven.

Bears lose momentum round $107,000

After days of brutal promoting, Bitcoin gave the impression to be stabilizing round $107,000 on the time of writing.

Supply: TradingView

The each day chart confirmed weakening bearish momentum, with the RSI indicating that BTC was in oversold territory. In the meantime, the MACD histogram grew to become flatter; a potential reversal of momentum as shopping for quantity happens.

Nevertheless, BTC was nonetheless buying and selling under the important thing EMAs (20, 50, 100), conserving the broader development bearish.

A decisive transfer above $110,000 might verify the restoration, however till then, a bit optimism will not harm anybody.