{"id":53150,"date":"2025-10-16T07:46:46","date_gmt":"2025-10-16T07:46:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=53150"},"modified":"2025-10-16T07:46:46","modified_gmt":"2025-10-16T07:46:46","slug":"bitcoin-seeing-red-october-but-uptober-bullposting-is-back","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=53150","title":{"rendered":"Bitcoin Seeing Red October But Uptober Bullposting Is Back"},"content":{"rendered":"<div>\n<p>Bitcoin is down 2% so far this month, which doesn\u2019t sound like much at first glance. However, it has only seen losses in two of the past Octobers since 2013.\u00a0The first was in 2014 when it shed 13% and the second one came in 2018 when it lost 3.8%. Both were bear market years.\u00a0August has historically been the worst month for Bitcoin, while October and February have been the best.<\/p>\n<p>This is the third time\u00a0in the last six years that BTC has been\u00a0<a href=\"https:\/\/cryptopotato.com\/why-are-crypto-markets-falling-in-uptober-analysts-weigh-in\/\" target=\"_blank\">negative<\/a> halfway through October, observed industry analyst Joe Consorti.\u00a0All six times, it ended up green by October 31st, he said before adding, \u201cThere\u2019s some hopium for you.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">This is the 3rd time that BTC has been negative halfway through October in the last 6 years.<\/p>\n<p>All 6 times, it ended up green by October 31st.<\/p>\n<p>There\u2019s some hopium for you. <a href=\"https:\/\/t.co\/VAWOeI5gR1\">https:\/\/t.co\/VAWOeI5gR1<\/a> <a href=\"https:\/\/t.co\/vHovd6SM69\">pic.twitter.com\/vHovd6SM69<\/a><\/p>\n<p>\u2014 Joe Consorti <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/26a1.png\" alt=\"\u26a1\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> (@JoeConsorti) <a href=\"https:\/\/twitter.com\/JoeConsorti\/status\/1978510547327803893?ref_src=twsrc%5Etfw\">October 15, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Red October Deepens<\/h2>\n<p>BTC <a href=\"https:\/\/cryptopotato.com\/bitcoin-remains-rangebound-at-113k-this-ai-altcoin-explodes-by-110-market-watch\/\">tanked<\/a> to an intraday low of $110,500 on Wednesday before recovering to trade around the $111,000 on Thursday morning. The asset has now fallen 12% from its all-time high and is down 9% over the past seven days as October losses mount this week.<\/p>\n<p>Chart expert \u201cBach\u201d <a href=\"https:\/\/x.com\/CyclesWithBach\/status\/1978563299256963235\">said<\/a> that there were still no cautionary signals on the \u201cBoombust framework,\u201d which means \u201cwe haven\u2019t reached that parabolic stage.\u201d The last bullish signal came in April 2025 when markets started recovering from the big slump. \u201cStill see $150,000 by year-end as a reasonable target,\u201d he said.<\/p>\n<p>Meanwhile, crypto litigator Joe Carlasare <a href=\"https:\/\/x.com\/JoeCarlasare\/status\/1978458859292479999\">predicted<\/a> that the cycle would extend into next year.<\/p>\n<blockquote>\n<p>\u201cThis narrative about 4 4-year cycle\/Q4\/Uptober caused excessive long positioning, and the market almost never lets everyone win. Need to burn through that excess, frustrate the bulls, and then move higher throughout 2026.\u201d<\/p>\n<\/blockquote>\n<p>Analyst \u2018Tracer\u2019 also pointed out that previous bull markets have seen big dumps before things took off, suggesting that more pain was to come.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">October 2017 = DUMP<br \/>\nOctober 2021 = DUMP<br \/>\nOctober 2025 = DUMP<\/p>\n<p>Same setup. Same structure. Same chart.<\/p>\n<p>Don\u2019t say I didn\u2019t warn you\u2026 <a href=\"https:\/\/t.co\/eFQhkY7bkR\">pic.twitter.com\/eFQhkY7bkR<\/a><\/p>\n<p>\u2014 \u1d1b\u0280\u1d00\u1d04\u1d07\u0280 (@DeFiTracer) <a href=\"https:\/\/twitter.com\/DeFiTracer\/status\/1978431754978345090?ref_src=twsrc%5Etfw\">October 15, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Why The Pessimism?<\/h2>\n<p>Crypto trader \u2018Mr. Anderson\u2019 <a href=\"https:\/\/x.com\/TrueCrypto28\/status\/1978594569131295193\">questioned<\/a> why sentiment had turned bearish recently.<\/p>\n<blockquote>\n<p>\u201cYou\u2019ve got a three-year staircase up. You\u2019ve got price up ~115% since last September, adding over $1 trillion in market cap. And the timeline still sounds like a funeral.\u201d<\/p>\n<\/blockquote>\n<p>Bitcoin has closed above $100,000 for over 160 straight days, he said before adding that it \u201csure looks like structural acceptance.\u201d \u201cTime will tell, but if higher levels are coming, this range is the launchpad,\u201d he concluded.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-seeing-red-october-but-uptober-bullposting-is-back\/\">Bitcoin Seeing Red October But Uptober Bullposting Is Back<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin is down 2% so far this month, which doesn\u2019t sound like much at first glance. However, it has only seen losses in two of the past Octobers since 2013.\u00a0The first was in 2014 when it shed 13% and the second one came in 2018 when it lost 3.8%. Both were bear market years.\u00a0August has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-53150","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/53150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=53150"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/53150\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}