Is this Bitcoin’s first red October since 2018?

By Maxime Laurent · 2025-10-17 08:21

Is this Bitcoin’s first red October since 2018?
Traders bet on a rare bearish month ahead. 🍂📉

Historically, October has been $BTC’s luckiest month, often kicking off fresh rallies — but 2025 might break the streak. According to Polymarket, around 33% of users are betting that Bitcoin will drop below $100K before the month ends.

If that happens, it would mark the first “red October” in seven years — a big psychological shift for a market that’s gotten used to October magic. Still, with all the leverage and short positions building up lately, one sudden move could flip everything again.

Maybe the bulls are just catching their breath… or maybe this autumn brings a chill we haven’t felt since 2018. On verra bien. 🍁

#Bitcoin #BTC #CryptoMarkets #Polymarket #Trading #CryptoNews
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Disclaimer: This content is for informational purposes only and not financial advice.