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Bitcoin must confirm its new bullish cycle within 45 days or risk a winter price drop.

Market News
22 Oct 2026
UToday
View Source
Neutral
Bitcoin must confirm its new bullish cycle within 45 days or risk a winter price drop.

Bitcoin is currently trading around $83,900 and faces a critical 45-day window to confirm a new bullish cycle, according to market strategist Bob Loukas. This period, from late October to early December, is historically the best time for Bitcoin to gain momentum and potentially reach new all-time highs. If Bitcoin falls below $79,600 during this time, the bullish scenario will be invalidated, likely leading to a significant price decline during the winter months. Key upcoming events, including the US Federal Reserve meeting and a large options expiration, will test Bitcoin's ability to maintain its upward trend.

Bitcoin is trading at Rp1.477.000.000 on Pluang as of Oct 22, 2026 17:52 WIB, showing a 1-day decline of 1.46%. The platform data indicates a nearly balanced order activity with 52% Buy and 48% Sell, while typical hold time is 112 days. This trading behavior provides context to the article's focus on Bitcoin's critical 45-day window to confirm a new bullish cycle amid upcoming key events.

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