The Bitcoin (BTC) price slid below $105,000 on Friday, reviving memories of previous capitulation phases, where despondent traders marked the start of major reversals. While bearish sentiment dominates headlines, several veteran analysts argue that October’s gloom could be setting the stage for another historic rebound. October’s Downturn Spurs Accumulation—Echoes of Past Cycles Some traders are drawing parallels between today’s market and late 2020, when Bitcoin traded around $12,000, far below its prior all-time high, before surging 170% in a single quarter. “It felt dead
source: https://beincrypto.com/bitcoin-october-2025-bottom-analysis/