Oct. 10 Started The Bitcoin Bear Market, On-Chain Data Shows

Bitcoin’s bear-market turn can be traced to Oct.

Oct. 10 Started The Bitcoin Bear Market, On-Chain Data Shows

Oct. 10 Started The Bitcoin Bear Market, On-Chain Data Shows

Bitcoin’s bear-market turn can be traced to Oct. 10, 2025, a session widely described as the largest crypto derivatives liquidation event on record, with roughly $19 billion in futures positions forcibly unwound as prices slid sharply off their highs.

Open interest in Bitcoin | Source: X @Darkfost_Coc
Bitcoin spot trading volume | Source: X @Darkfost_Coc
Bitcoin remains above the 1.0 Fibonacci level, 1-week chart | Source: BTCUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

About Author

Leave a Reply

Your email address will not be published. Required fields are marked *

Please enter CoinGecko Free Api Key to get this plugin works.