This is what happened the last time Bitcoin price closed in the red in October

The crypto group has lengthy known as October Uptober, a nickname earned by Bitcoin’s constant historical past of sturdy month-to-month efficiency. The development was so dependable that the month grew to become synonymous with worth will increase.

Bitcoin has all the time ended October with a revenue previously seven years, a file streak unmatched by some other month in historical past. Nonetheless, October 2025 appears to be calling that popularity into query. Because the month involves a detailed, Bitcoin is about 4% under the month-to-month open October could finally end in red territory for the primary time since 2018.

Bitcoin may finish October within the crimson

Bitcoin’s worth opened in October at $114,079, and sentiment was overwhelmingly bullish firstly of the month, with a constructive month-end of 5% in September. This bullish sentiment noticed the main cryptocurrency breaking above $126,000 for the primary time earlier than lastly hitting a brand new all-time excessive of $126,080 on October 6. This transfer strengthened hopes that Uptober would as soon as once more stay as much as its title.

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Nonetheless, the bullish momentum rapidly cooled, with Bitcoin falling under $120,000 in a short time. Midway by way of the month Bitcoin witnessed a flash crash inflicting the value to drop to $101,000 in a swift transfer. Because it stands now, Bitcoin consolidates virtually $110,000 on the finish of October, and might solely file 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 down about 4% from its October opening of $6,958. That yr was in the course of the peak of an extended bear cycle, because the crypto market struggled to get well from the huge rally of 2017. Bitcoin’s worth had been declining for months at a time, and October’s decline was adopted by an much more brutal 36.4% crash in November, the steepest month-to-month loss in cryptocurrency historical past.

May November be completely different this time?

The query now could be whether or not Bitcoin may repeat this downward development in November 2025. If historical past have been to repeat itself, because it all the time does within the crypto market, a damaging shut in October may precede one other correction in November. Nonetheless, the reply will not be so easy.

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Not like 2018, Bitcoin’s present market construction is supported by a number of bullish fundamentals. Institutional curiosity by way of Spot Bitcoin ETFsalternate outflows and on-chain information present that long-term holders don’t sell aggressively. At the same time as the value consolidates round $110,000, volatility is decrease than throughout earlier market tops, indicating a phase of cooling before a new outbreak.

Even when the month closes within the crimson, it stays total Bitcoin’s bullish trajectory is intact. Bitcoin continues to keep up its dominance and appeal to capital inflows. The one certain approach Bitcoin can finish November 2025 within the crimson is that if Spot Bitcoin ETFs carry out very poorly for the complete month.

On the time of writing, Bitcoin is buying and selling at $109,700.

Featured picture from Pixabay, chart from Tradingview.com