3 weeks ago
According to economist Timothy Peterson, Bitcoin’s caller slide could beryllium a short-lived wobble if October’s past repeats itself. He pointed retired that drops larger than 5% successful October are uncommon — they person occurred conscionable 4 times successful the past 10 years — and erstwhile they happened, Bitcoin often bounced backmost quickly.
Historical October Bounces
Reports amusement the 4 October setbacks came successful 2017, 2018, 2019, and 2021. In the week aft each fall, recoveries ranged from humble to sharp: gains of 16% successful 2017, 4% successful 2018, and a large 21% successful 2019, portion 2021 was the lone outlier erstwhile prices slipped different 3%.
Based connected those past moves, Peterson suggested a rebound of up to 21% implicit 7 days is imaginable aft a ample October drop. CoinGlass and marketplace outlets person agelong flagged October arsenic 1 of Bitcoin’s strongest months historically.
Drops of much than 5% successful October are exceedingly rare. This has happened lone 4 times successful the past 10 years.
Oct 24 2017
Oct 11 2018
Oct 23 2019
Oct 21 2021
What happened next? 7 days aboriginal bitcoin was
2017: up 16%
2018: up 4%
2019: up 21%
2021: down -3% pic.twitter.com/mbFs19RbwL
— Timothy Peterson (@nsquaredvalue) October 10, 2025
Markets moved accelerated this week aft a tariff shock. United States President Donald Trump’s announcement of steep tariffs connected China coincided with a abrupt sell-off that concisely pushed Bitcoin down to astir $102,000.
Prices past staged a partial betterment to astir $112,100. Traders noted the pullback came soon aft Bitcoin deed caller highs earlier successful the week, supra $126,000.
Short-Term Upside Scenarios
If Bitcoin were to reflector its strongest October rebound — the 21% surge seen successful 2019 — a determination from the debased adjacent $102,000 would spot the token conscionable nether its caller peak, astir $124,000, wrong days.
That mathematics is straightforward and is being quoted by analysts moving galore simulations. Some accidental there’s adjacent a scope of likelihood that the period could decorativeness good supra existent levels.
Other marketplace voices pushed antithetic views. Proponents argued that the existent dip is simply a reset during an wide uptrend; immoderate called it the bottommost of the existent cycle.
Others warned that argumentation shocks oregon tariff escalations could support selling unit successful spot for longer. Social metrics and sentiment gauges moved sharply during the sell-off, and definite altcoins saw deeper losses amid the formation to safety.
Possible Triggers For A Rebound
Meanwhile, traders are watching a fewer wide triggers. Headlines that dial down commercialized tensions betwixt the US and China would apt calm markets.
Any motion the US Federal Reserve volition quicken involvement complaint cuts could besides assistance hazard assets, including crypto. History suggests panic sell-offs often extremity earlier a beardown betterment begins, but thing is guaranteed.
Featured representation from Unsplash, illustration from TradingView
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