Markets· ★★★· bearish·

Bitcoin trails its typical October path by nearly 10 percentage points at mid-month

  • —BTC traded near $80,867 on Oct. 15, down 3.2% from the monthly open
  • —Historically, Bitcoin averaged a 6.7% gain by Oct. 15, with a median of 3.8%
  • —Immediate support sits at $80,400; a break opens the way to $77,000 and $73,500
  • —2022 is the closest historical analogue, with a late-month recovery
Why it matters: Holding $80,400 keeps a rebound in play, while a break raises the risk of a drop toward $77,000 and below.
Source: Cryptonews.net