Bitcoin just capped its first red October since 2018, thanks to Jerome Powell’s hawkish talk and Trump’s tariff drama, sparking a brutal sell-off, whale dumping, and even long-term holders capitulating. We break down the $20 billion in liquidations, key support levels, and whether the Bitcoin four-year cycle is truly dead as we head into November.
But don’t count crypto out yet—Q4 could bring a macro reset with Fed rate cuts, QT ending, and fresh data. Altcoins are gearing up for a rally thanks to ETF inflows (hello, Solana presale), institutional backers at JPMorgan and Morgan Stanley, and new RWA plays. Welcome to “Whatevember”—will it be a comeback or more chaos?
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