📉 Bitcoin completes its first red October in 7 years! What does November hold?

$BTC is projected to end October in the red, breaking the 6-year streak of “Uptober” gains.

Historically, November is one of Bitcoin’s strongest months. The average gain across past years has been around 46% from October to November. However, a weak October can dampen momentum: After weak Octobers, the 3-month returns have averaged 11% compared to 21% after strong Octobers.

🔍 Key takeaways for crypto-savvy readers

Seasonality remains relevant: Even if October stumbles, history suggests a possible rebound in November.

However, caution is warranted: The fact that October may end in the red signals a risk of underperformance or consolidation ahead.

Important catalysts to watch include Key macro drivers, such as interest rates and trade deals, and whether they shift back to positive territory, which could spark the November leg.

Risk management matters: With historical patterns supportive but not guarantees, position sizing and stop discipline are prudent.