Bitcoin's pattern of October gains, which had lasted for seven years, was broken in 2025 as the cryptocurrency declined by almost 5% over the month. This marks the first time since 2018 that October ended in the red for Bitcoin, as reported by a
crypto.news report
. The drop, linked to broader economic uncertainty and outflows from ETFs, has led to discussions among market watchers about whether this correction could pave the way for a rally before year-end.
The decline intensified toward the end of October, with
Bitcoin
dropping to a low of $101,000 after reaching an all-time high of $126,080 on October 6, according to a
TradingView report
. Bitget's Vugar Usi Zade pointed out that ETF outflows for both Bitcoin and
Ethereum
surpassed $550 million in late October, highlighting persistent worries about Federal Reserve actions and overall market risks, as noted in the crypto.news report. At the same time, TeraHash analysts observed that Bitcoin's evolving market structure may help limit further losses, as greater capital inflows help stabilize price movements, according to the report.
Although Bitcoin fell for the month, some specialists see this as a chance to buy. Data from previous years indicates that Bitcoin has averaged a 40.5% increase in November over the past ten years, with exceptional years like 2013 posting a 453.9% jump, based on
TradingView data
. "Selling in this scenario goes against long-term historical patterns," one analyst commented, emphasizing that November has often triggered strong rallies leading into the year's end.
Technical analysis also points to a possible recovery. Early November saw Bitcoin test important support near $106,453, according to
an FXStreet report
, and if this level holds, buyers may drive the price back up toward the $112,500–$126,000 range. The Relative Strength Index and MACD both indicate that bearish momentum is fading, with the RSI staying just below neutral, the FXStreet article added.
Institutional moves add to the positive outlook. A trading strategy company acquired 397 BTC at $114,771, increasing its Bitcoin holdings to $69 billion, according to a
TradingView roundup
, while
Ether
ETFs outperformed Bitcoin ETFs in the third quarter, attracting $9.6 billion in new investments compared to Bitcoin's $8.7 billion, as reported by a
Coinotag report
. This trend underscores rising institutional interest in Ethereum and other altcoins, with new ETF proposals for tokens such as
Solana
and
XRP
awaiting regulatory clearance, the report stated.
Nonetheless, some caution remains. The last time Bitcoin ended October with losses (in 2018), it was followed by a 36.4% drop in November, according to the TradingView report. While expert opinions are mixed, the current situation is different due to Bitcoin's more mature market structure and stronger macroeconomic conditions. For now, attention is focused on whether November will bring a recovery or continue the downward trend.
