Uptober failed completely: Bitcoin is on track for its worst October since 2014.
The facts: As of Friday's session (Oct. 30, 2026), BTC was holding around $77,000 and was at risk of closing October down ~7.7% — its worst October performance since 2014, according to CoinGlass data cited by Cointelegraph (Oct. 30, 2026), and confirmed by CryptoBreaking with the same figures. The pressure is coming from two directions: the Nasdaq plunged ~2.5% to 25,500, its lowest level since early August, amid renewed fears about AI monetization, while gold also fell to $3,891/oz. BTC itself briefly touched its lowest level since September 18.
My take: this isn't just a story of a "red October" — it's confirmation that crypto is now moving in sync with risk assets, rather than independently of them. What I'm watching: whether BTC can hold above $76,600, Friday's low, through the monthly close on Sunday morning WIB, or whether it instead closes the month with an even deeper record low.
What I'm watching next: Sunday's monthly close and the market's reaction at next week's open.
Do you think November will reverse this narrative or deepen it?
#Bitcoin #Uptober $BTC
This is my analysis, not financial advice — always DYOR.
The facts: As of Friday's session (Oct. 30, 2026), BTC was holding around $77,000 and was at risk of closing October down ~7.7% — its worst October performance since 2014, according to CoinGlass data cited by Cointelegraph (Oct. 30, 2026), and confirmed by CryptoBreaking with the same figures. The pressure is coming from two directions: the Nasdaq plunged ~2.5% to 25,500, its lowest level since early August, amid renewed fears about AI monetization, while gold also fell to $3,891/oz. BTC itself briefly touched its lowest level since September 18.
My take: this isn't just a story of a "red October" — it's confirmation that crypto is now moving in sync with risk assets, rather than independently of them. What I'm watching: whether BTC can hold above $76,600, Friday's low, through the monthly close on Sunday morning WIB, or whether it instead closes the month with an even deeper record low.
What I'm watching next: Sunday's monthly close and the market's reaction at next week's open.
Do you think November will reverse this narrative or deepen it?
#Bitcoin #Uptober $BTC
This is my analysis, not financial advice — always DYOR.