The Comeback Nobody Can Fully Trust Yet
One year ago, #bitcoin stood on top of the world. On October 6, 2025, it hit an all-time high of $126,210. Then the air went out of the rally. By this summer it had slid so far that a coin worth about $118,600 a year ago was trading around $77,000.
Then came a turn. Over roughly 90 days, Bitcoin surged 44%. On October 1 it was at $83,448. By the next morning it had leapt past $86,600, a jump of more than $3,200 overnight. Today it hovers near $86,500, up 2% in a day and 4% in a week.
But look closer and the picture gets complicated. #bitcoin is still 34% below its record and still down for 2026. The money that fueled the climb is also fading. Daily inflows into Bitcoin ETFs collapsed from nearly $1 billion to just $134 million within days. Liquidity is thin, a Mt. Gox deadline looms, and the Iran war keeps oil above $100 a barrel.
Then there's the calendar. The Federal Reserve meets October 27–28, and a rate hike with oil this high could drag Bitcoin back toward September's lows.
History offers a counterweight. Bitcoin has closed October higher in 10 of the last 13 years, with a median gain of 12.73%.
For now, everything hinges on one number: $87,397, the September 21 high. If Bitcoin breaks through, the comeback gains real momentum. If it stalls, the doubters get their say.
Crypto is volatile, and this isn't financial advice. Do your own research.
One year ago, #bitcoin stood on top of the world. On October 6, 2025, it hit an all-time high of $126,210. Then the air went out of the rally. By this summer it had slid so far that a coin worth about $118,600 a year ago was trading around $77,000.
Then came a turn. Over roughly 90 days, Bitcoin surged 44%. On October 1 it was at $83,448. By the next morning it had leapt past $86,600, a jump of more than $3,200 overnight. Today it hovers near $86,500, up 2% in a day and 4% in a week.
But look closer and the picture gets complicated. #bitcoin is still 34% below its record and still down for 2026. The money that fueled the climb is also fading. Daily inflows into Bitcoin ETFs collapsed from nearly $1 billion to just $134 million within days. Liquidity is thin, a Mt. Gox deadline looms, and the Iran war keeps oil above $100 a barrel.
Then there's the calendar. The Federal Reserve meets October 27–28, and a rate hike with oil this high could drag Bitcoin back toward September's lows.
History offers a counterweight. Bitcoin has closed October higher in 10 of the last 13 years, with a median gain of 12.73%.
For now, everything hinges on one number: $87,397, the September 21 high. If Bitcoin breaks through, the comeback gains real momentum. If it stalls, the doubters get their say.
Crypto is volatile, and this isn't financial advice. Do your own research.