Bitcoin is down 8.4% in October 2026 and is trading between $76,000 and $77,000, after peaking earlier in the month between $80,000 and $84,000. By the end of the month, it could post consecutive losses following October 2025, when it fell by roughly 3.9%. This performance contrasts with its historical record, as it recorded positive October returns in 10 of the past 13 years, with an average gain near 19%. Traders are watching the $76,000 to $76,200 support zone, which includes the 100-day simple moving average and the 0.382 Fibonacci retracement level. A break below that threshold could trigger stop-loss orders and forced selling, increasing downside pressure and market volatility.
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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
