Bitcoinâs 2% drop this month? Pfft, thatâs just the universe giving it a little nudge. Only seen losses in two of the past Octobers since 2013. The first was 2014, 13% loss. Second in 2018, 3.8%. Both bear markets. August is the worst month, October and February best. Oh, how the seasons turn.
Third time in six years BTC negative halfway through October. All six times, ended green. âThereâs some hopium for you.â – Joe Consorti. Hopium? Thatâs not a word. Itâs a feeling. A desperate hope. Like when youâre 30 and still believe in Santa.
This is the 3rd time that BTC has been negative halfway through October in the last 6 years.
All 6 times, it ended up green by October 31st.
Thereâs some hopium for you.
– Joe Consorti (@JoeConsorti) October 15, 2025
Red October Deepens
BTC tanked to $110k on Wednesday before recovering to $111k. Now down 12% from all-time high. 9% in seven days. October losses mount. Chart expert âBachâ says no cautionary signals. âWe havenât reached parabolic stage.â Parabolic? More like âparanoidâ if you ask me. âStill see $150k by year-end as a reasonable target.â Reasonable? If you consider jumping off a cliff and hoping for a trampoline reasonable.
Crypto litigator Joe Carlasare predicts the cycle will drag into 2026. âNeed to burn through excess, frustrate bulls, then move higher.â So, letâs all just sit here and suffer while the market plays its games. Classic.
âThis narrative about 4 4-year cycle/Q4/Uptober caused excessive long positioning, and the market almost never lets everyone win. Need to burn through that excess, frustrate the bulls, and then move higher throughout 2026.â
Analyst âTracerâ says October 2017, 2021, 2025 = DUMP. Same setup. Same structure. Same chart. âDonât say I didnât warn youâŚâ – Tracer. Oh, weâll say it. Weâll say it loudly. Because weâre all here, watching the same trainwreck.
October 2017 = DUMP
October 2021 = DUMP
October 2025 = DUMPSame setup. Same structure. Same chart.
Donât say I didnât warn youâŚ
– á´Ęá´á´á´Ę (@DeFiTracer) October 15, 2025
Why The Pessimism?
Crypto trader âMr. Andersonâ questions why sentiment turned bearish. âThree-year staircase up. Price up 115% since last September. Timeline sounds like a funeral.â A funeral? For what? The old Bitcoin? The one thatâs now a $1T+ beast? Maybe the funeral is for the people who sold at the bottom.
âYouâve got a three-year staircase up. Youâve got price up ~115% since last September, adding over $1 trillion in market cap. And the timeline still sounds like a funeral.â
BTC closed above $100k for 160 days. âLooks like structural acceptance.â Structural acceptance? More like structural denial. âIf higher levels are coming, this range is the launchpad.â Launchpad? More like a launching pad for a very expensive trip into the unknown.
Read More
- Gold Rate Forecast
- Brent Oil Forecast
- KAS PREDICTION. KAS cryptocurrency
- Silver Rate Forecast
- USD KRW PREDICTION
- Stablecoin Ratio Plummets, Tether & Circle Mint $7B⌠But Why?
- Stablecoin Chaos Looms Over Korea đ¨
- 10 Years On: Ethereumâs Block Saga! (Well, Sort Of)
- USD MXN PREDICTION
- UNI PREDICTION. UNI cryptocurrency
2025-10-16 10:59