#شارك_أفكارك_حول_BTC Will Bitcoin's recent painful performance continue into November?
October began with great promise of rising prices, new record highs, and a continued upward trend. This was indeed the case in the first week. Bitcoin, which had begun to recover in late September, surpassed $120,000, its previous all-time high, reaching a new record of just over $126,000.
However, the entire cryptocurrency market then began to decline, with Bitcoin leading the losses, particularly on two bloody Fridays. More specifically, the value of the largest digital asset plummeted from over $121,000 to $101,000 (on some exchanges) on October 10th, and despite a brief recovery attempt, it fell back to $104,000 a week later. The month continued with positive developments, such as lower-than-expected inflation figures for September, interest rate cuts by the US Federal Reserve, and promising news regarding a trade agreement between Washington and Beijing. These developments helped Bitcoin regain some of its strength, though not to the extent many had anticipated. Nevertheless, the cryptocurrency closed October, a historically very bullish month, with a slight decline.
Is this a bad omen?
With a 3.69% drop in October 2025, Bitcoin broke its six-year streak of green months. CoinGlass data shows that the cryptocurrency posted double-digit gains in five of those previous six months, with the exception of the bear market in 2022. We have to go back to October 2018 to see the previous month's price drop, which was very similar to the 2025 decline. At that time, Bitcoin closed down 3.83%. But what followed was devastating, and if history repeats itself, it suggests Bitcoin could plummet to $70,000 in November.
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