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Bitcoin Slides 2% as October Opens Weak

Original: Bitcoin Down in Early October: Can 'Uptober' Finally Deliver in 2026? Bitcoin slides 2% to $82,423 as October opens weak

Bitcoin fell 2% to $82,423 in the first days of October, defying hopes that the month would repeat its historically strong 'Uptober' pattern. Traders had looked to October as a potential turning point after recent losses, but the weak start has dashed early optimism. Some analysts nevertheless point to signs of a bottom forming, suggesting the month could still recover.

Why now: October is traditionally a strong month for Bitcoin, so the weak start contradicts popular market expectations and fuels debate about whether a rally is still possible.

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