Bitcoin Trails Its Typical October Path by Nearly 10 Percentage Points as Mid-Month Weakness Takes Hold

Bitcoin trails its historical October pace at mid-month, with BTC below its Oct. 1 open as $80.4K support and past late-month recoveries come into focus. Bitcoin entered October with an early advance, but the move has reversed sharply enough to leave BTC behind its typical mid-month performance. CryptoQuant’s comparison shows Bitcoin sitting 3.2% below its Oct. 1 opening price by Oct. 15, while the same point in previous Octobers has historically produced an average gain of 6.7%. Bitcoin opened October at $83,576 and initially pushed higher during the first week. The chart shows BTC gaining roughly 2% to 3% by Oct. 7 before the direction changed. By Oct. 10, the month had slipped into negative territory, with the drawdown extending through Oct. 13 and Oct. 15. The Oct.

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