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🚨 Bitcoin is heading for its WEAKEST October in six years!

Bitcoin traded around $80,800 on Wednesday morning, down more than 4% for the month — a sharp break from history. Since 2020, Bitcoin has gained an average of 18.1% in October.

US buyers have stayed on the sidelines all month: spot demand has been negative every day since October 14, and CryptoQuant's Bull Score has cooled from 90 to 60.

All eyes now turn to today's Federal Reserve decision at 2:00 PM ET — markets expect rates to hold, but Chair Kevin Warsh's press conference could reset expectations for December.

Is this just an October blip, or the start of a longer cooldown? 👀

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