Bitcoin Faces Fourth Straight Monthly Loss, Last Seen in 2018
Bitcoin risks fourth straight monthly loss, a streak not seen since 2018
Bitcoin was on track to close October in the red on Friday, putting the asset at risk of its fourth consecutive monthly decline—a stretch that would be its longest since 2018, according to Reuters.
That outcome would also mark a shift in a seasonal pattern: Reuters noted that Bitcoin had not posted an October loss since 2018, ending a multi-year run of gains for the month.
The move matters because consecutive monthly declines are relatively uncommon for Bitcoin and can influence how investors frame near-term momentum. Monthly closes are widely watched in crypto markets as a simple checkpoint for trend strength, especially after periods of elevated volatility.
Market participants were also focused on derivatives positioning. A rare four-month losing streak is arriving alongside January options expiry, which can affect short-term price action as traders adjust hedges and exposures around large contracts coming due.
While Bitcoin has a long history of sharp rallies and drawdowns, extended strings of monthly losses have typically been associated with periods of risk reduction across markets and tighter conditions for speculative assets—factors that can shape sentiment even without a single defining catalyst.
