📅 Monthly Bilan, October 2026: Uptober Turned Into Downtober for $BTC 📉
The month began with hope. On Oct 2, a weak jobs report (29K vs 89K expected) sent btc to its monthly high of $87.2K 🚀 It ended near $77.4K, down 7.3% on the month. It is the second red October in a row and the weakest October in years, even though October had been green in 8 of the 10 previous years.
How it unfolded 🔍
• Early Oct: $BTC was rejected at $87K twice, and hawkish Fed minutes triggered a leverage flush 🏛️
• Mid-Oct: CPI came in hot (3.7%, core 0.3%), PPI jumped, and btc fell to about $80K 🔥
• Late Oct: the Fed held in a 10-2 vote with two members wanting a hike, GDP came in at 3.4%, and PCE hit 3.6% ⚠️
• Oct 29-30: the $6.3B Binance hack, the largest in crypto history, plus a 2.9% Nasdaq drop pushed btc to $76.1K, with a $643M ETF outflow in a single day 💥
🛢️ Oil stayed above $100 all month, peaking near $117 on Iran tensions, which kept inflation and yields high. 🥇 Gold traded between about $3,975 and $4,217 and ended near $4,050. 😨 Fear & Greed went from Greed (69) a month ago to Fear (34-37). $ETH fell about 17% and $SOL about 16%, so altcoins suffered more than btc
🧠 Lesson of the month: seasonality lost to macro. Every rally was sold because yields near 5%, oil above $100 and a hawkish Fed mattered more than the calendar. The $76K support held, but it was tested several times, which is not a comfortable sign.
📅 November to watch: midterms on Nov 3, jobs report on Nov 6, CPI on Nov 10, and the Fed meeting on Dec 8-9 (a hike is about 80% priced). In both years when October was red (2018 and 2025), November was red too. That is only two cases, so it is a warning, not a forecast.
Will November rescue the quarter? Vote below 👇
#BTC #Uptober #MonthlyReview #Fed #Binance
How will $BTC close November?
The month began with hope. On Oct 2, a weak jobs report (29K vs 89K expected) sent btc to its monthly high of $87.2K 🚀 It ended near $77.4K, down 7.3% on the month. It is the second red October in a row and the weakest October in years, even though October had been green in 8 of the 10 previous years.
How it unfolded 🔍
• Early Oct: $BTC was rejected at $87K twice, and hawkish Fed minutes triggered a leverage flush 🏛️
• Mid-Oct: CPI came in hot (3.7%, core 0.3%), PPI jumped, and btc fell to about $80K 🔥
• Late Oct: the Fed held in a 10-2 vote with two members wanting a hike, GDP came in at 3.4%, and PCE hit 3.6% ⚠️
• Oct 29-30: the $6.3B Binance hack, the largest in crypto history, plus a 2.9% Nasdaq drop pushed btc to $76.1K, with a $643M ETF outflow in a single day 💥
🛢️ Oil stayed above $100 all month, peaking near $117 on Iran tensions, which kept inflation and yields high. 🥇 Gold traded between about $3,975 and $4,217 and ended near $4,050. 😨 Fear & Greed went from Greed (69) a month ago to Fear (34-37). $ETH fell about 17% and $SOL about 16%, so altcoins suffered more than btc
🧠 Lesson of the month: seasonality lost to macro. Every rally was sold because yields near 5%, oil above $100 and a hawkish Fed mattered more than the calendar. The $76K support held, but it was tested several times, which is not a comfortable sign.
📅 November to watch: midterms on Nov 3, jobs report on Nov 6, CPI on Nov 10, and the Fed meeting on Dec 8-9 (a hike is about 80% priced). In both years when October was red (2018 and 2025), November was red too. That is only two cases, so it is a warning, not a forecast.
Will November rescue the quarter? Vote below 👇
#BTC #Uptober #MonthlyReview #Fed #Binance
How will $BTC close November?
🟢 Green month
0%
🔴 Red again |
0%
⚪ Flat (within 2%)
0%
0 votes • Voting closed