Why Bitcoin’s Rare Red October Might Not Spell Doom

October was supposed to be a month of bullish momentum for Bitcoin. Instead, it marked the third time in history that the month ended in negative territory. The drop reignited debate over whether the market is entering a pause or the early stages of a broader correction. Despite the decline, market analysts see reason for optimism, citing recent performance as only a temporary setback. A Rare Break from ‘Uptober’ Tradition Bitcoin’s performance last month defied the seasonal norms closely associated with “Uptober.” Instead of averaging returns close to 20% for the month, the cryptocurrency closed October some 5% lower with...