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Bitcoin falls 4.2% in October, missing usual seasonal gains amid market uncertainty.

Market News
29 Oct 2026, 08:00 WIB
AMBCrypto
View Source
Bearish
Bitcoin falls 4.2% in October, missing usual seasonal gains amid market uncertainty.

Bitcoin experienced a 4.2% decline in October 2026, breaking its historical trend of positive returns during this month. The drop follows a 3.8% fall in October 2025 and comes despite a recent 1.9% price increase to $81,296. Factors such as reduced spot demand, $26.10 million outflows from BTC ETFs, and a drop in the Bull Score Index from 90 to 60 have weakened Bitcoin's bullish momentum. Upcoming events like the Federal Reserve decision and U.S. midterm elections could influence future market sentiment, while current market uncertainty is highlighted by significant trader liquidations and a neutral Crypto Fear & Greed Index reading of 51.

While Bitcoin's price fell 4.2% in October 2026 according to the article, on Pluang it holds steady at Rp1.467.102.541 with no change in the last day as of Oct 29, 2026 12:22 WIB. This price sits well within its 52-week range, supported by a market cap of Rp29.052,27T and a strong buy interest of 74% among Pluang users. The typical hold time of 112 days suggests investors remain relatively patient despite recent volatility.

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