Bitcoin (BTC) concluded October with a price decrease, marking the first time in seven years that the cryptocurrency has ended the month in the red. According to data from CoinGlass, this downturn breaks a long-standing bullish trend for Bitcoin during October. The last instance of a negative October performance for Bitcoin occurred during the 2018 bear market. During that period, Bitcoin experienced a -3.83% decline in October, which was subsequently followed by a significant crash of -36.57% in November. Market participants are watching closely to see if history will repeat itself. While past performance doesn't guarantee future results, the comparison raises concerns about potential further downward pressure on Bitcoin's price in the coming weeks. Several factors, including macroeconomic uncertainty and regulatory concerns, could contribute to continued volatility in the crypto market. ```