Bitcoin Heads for Another Loss in October as Demand Weakens - Bitcoin experienced its second consecutive October loss, down 3.3% as of October 28 with the price falling from & #036;83,570 in September to around & #036;81,350. • Bitcoin demand has weakened significantly, with the 30-day demand index showing a negative trend and Coinbase Premium indicating reduced buying activity in the US - Bitcoin is approaching critical support levels, including a 365-day average hovering around & #036;77,585, with a sustained drop below these levels potentially leading to losses for recent buyers.

Bitcoin Heads for Another Loss in October as Demand Weakens - Bitcoin experienced its second consecutive October loss, down 3.3% as of October 28 with the price falling from & #036;83,570 in September to around & #036;81,350. • Bitcoin demand has weakened significantly, with the 30-day demand index showing a negative trend and Coinbase Premium indicating reduced buying activity in the US - Bitcoin is approaching critical support levels, including a 365-day average hovering around & #036;77,585, with a sustained drop below these levels potentially leading to losses for recent buyers.