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Bitcoin has fallen 8.4% in October, raising the likelihood of a second consecutive monthly decline for the month, Crypto Briefing reported. BTC was trading in the $76,000-$77,000 range, and whether it holds support near $76,000 is seen as a key factor in its short-term price direction.
Crypto Briefing noted BTC also fell about 3.9% in October 2025, in contrast with a seasonal pattern since 2013 under which Bitcoin rose in 10 of 13 Octobers and posted an average gain of around 19%. The outlet identified the $76,000-$76,200 range as a key support zone, where the 100-day simple moving average overlaps with the 0.382 Fibonacci retracement level, and said a break below that area could increase downside pressure.