This year, the traditional “Uptober” did not happen, with the price of Bitcoin (BTC) falling 3.69% at the end of the month. Let’s take a look back at this disappointment, which stands out as the worst October since 2014.
Bitcoin (BTC) down 3.69% in October
Traditionally, the price of Bitcoin (BTC) rises in October, which has led to the popularization of the famous term “Uptober.” While this is generally true, it is not an immutable rule, as demonstrated for the third time in 2025.
And for good reason: although the month started well, with an all-time high (ATH) above $126,000 on October 6, the monthly close was marked by a 3.69% decline, making it BTC’s worst performance for an October since 2014:
This perfectly illustrates the adage that “past performance is no guarantee of future results.” Nevertheless, this monthly decline should be put into context.
Firstly, such a performance is far from catastrophic. What’s more, it comes in the context of a 565% rally that has been ongoing since January 2023:
Corrective phases are therefore necessary, and while we cannot predict when they will occur, we do know that sooner or later a crash will happen, marking the beginning of a bear market.
More specifically, it should be noted that BTC, and with it most of the crypto ecosystem, experienced turbulence in October with renewed tensions between China and the United States, as Donald Trump brought the issue of tariffs back to the table.
A dramatic crash occurred on October 10, but the markets seem to have calmed down, while an agreement has been reached between the two world powers.
Now that November is underway, we will be able to see how BTC performs over the coming weeks, as this month is historically the one with the highest average increase, at 42.51%. Once again, however, it is important not to get caught up in past patterns and to keep in mind that “the market is always right.”
Meanwhile, the price of a bitcoin is $110,250 at the time of writing, up 0.35% over the last 24 hours.
