Bitcoin Just Recorded Its First October Loss In 7 Years, So What Should We Do About It?

Key Takeaways:

• Bitcoin is a decentralized digital currency that operates on a peer-to-peer network without a central authority, using blockchain technology to record transactions securely and transparently. It has a fixed supply of 21 million coins and relies on mining to validate transactions.
• Trading Bitcoin: To trade Bitcoin, users must select a trading platform (e.g., Coinbase, Binance), create an account, deposit funds, and place orders (market or limit). Traders can buy or sell Bitcoin and withdraw funds to a bank or wallet. Trading occurs 24/7, as Bitcoin operates on a decentralized network.
• Bitcoin Market Trends in October 2025: Bitcoin’s price dropped by nearly 5% in October 2025, marking the first monthly loss since 2018. This decline followed broader market uncertainty, large liquidations, and geopolitical events, but Bitcoin remains up over 16% year-to-date.
• Price Prediction for November 2025: Bitcoin is expected to trade within a range of $107,500 to $123,000 in November, with analysts closely watching the $113,000 resistance and $100,000 support levels. A breakout from this range may signal Bitcoin’s next major price movement.

Bitcoin has always been a roller coaster — thrilling, unpredictable, and full of surprises.In 2025, those swings became even more dramatic: Bitcoin soared to a record-breaking $120,000 before plunging again and triggering massive liquidations. While volatility fuels headlines, it also leaves many wondering:

What should I actually do with Bitcoin right now?

Is it still worth buying or holding?

How can beginners get started confidently?

Lucky for you guys, we have this guide combines long-term Bitcoin fundamentals with latest market insights to help both new and experienced investors make better decisions.

What Is Bitcoin?

According to Wikipedia, Bitcoin is a decentralized digital currency, commonly referred to as a cryptocurrency, that operates without a central authority or intermediary, such as a government or bank. It was introduced in 2008 by an anonymous person or group of people using the pseudonym Satoshi Nakamoto and became operational in 2009.

What Are the Key Features of Bitcoin?

Based on information we gathered from credential websites like Bitcoin.org and Investopedia, these are the most notable features of Bitcoin:

- Decentralized: Bitcoin operates on a peer-to-peer network, meaning transactions occur directly between users and are verified by network nodes through cryptography. This eliminates the need for intermediaries like banks or financial institutions.

- Blockchain Technology: Bitcoin uses a blockchain—a distributed ledger that records all transactions. Each block in the chain contains a list of transactions, and the entire blockchain is publicly accessible, ensuring transparency.

- Limited Supply: There is a fixed supply of Bitcoin, capped at 21 million coins. This feature distinguishes Bitcoin from traditional fiat currencies, which can be printed at will by central banks. The limited supply is designed to make Bitcoin deflationary, though it has been a topic of debate among economists.

- Mining and Proof of Work: Bitcoin relies on a process called mining, where powerful computers solve complex mathematical problems to validate transactions and secure the network. Miners are rewarded with newly minted Bitcoin for their efforts, which also helps control the supply.

- Peer-to-Peer Transactions: Bitcoin allows users to send and receive payments without relying on traditional financial systems. It can be used globally, providing an alternative to fiat.

Why Bitcoin Matters?

How To Trade Bitcoin?

1. Choose a Trading Platform (Exchange)

The first step to trading Bitcoin is selecting a platform or exchange where you can buy and sell it. Some of the most popular Bitcoin exchanges include:

Coinbase: Known for its ease of use, especially for beginners.

Binance: Offers a wide range of cryptocurrencies and advanced trading options.

Kraken: Known for its robust security and variety of assets.

Gemini: Offers a secure trading platform with strong regulatory compliance in the U.S.

Each platform has different features, fees, and supported countries, so it’s important to choose one that suits your needs. Be sure to check the security features of the platform, such as two-factor authentication (2FA) and insurance policies in case of a hack.

2. Create and Verify Your Account

After choosing a platform, you'll need to create an account. Most exchanges will require you to verify your identity to comply with regulations (this is known as KYC—Know Your Customer). This may involve uploading a government-issued ID and verifying your phone number or email.

3. Deposit Funds

To trade Bitcoin, you’ll need to deposit funds into your exchange account. Most exchanges allow you to deposit fiat currency (such as USD, EUR, etc.) through Bank transfer, Credit/debit card, and Cryptocurrency transfer (if you already own Bitcoin or other cryptocurrencies).

4. Buy Bitcoin

Once your account is funded, you can place an order to buy Bitcoin. There are two main types of orders:

- Market Order: This buys Bitcoin immediately at the current market price.

- Limit Order: This allows you to specify a price at which you're willing to buy Bitcoin. The order will only execute once the market price reaches your target.

5. Store Bitcoin Safely

Key Risks to Consider:

FAQ:

What's the latest on Bitcoin?

According to reports from Reuters, in October 2025, Bitcoin is on track for its first monthly loss since 2018, breaking a seven-year streak of gains. The cryptocurrency is set for a nearly 5% decline due to broader market uncertainties and reduced investor risk appetite. The month saw the largest crypto liquidation in history, triggered by U.S. President Trump's trade policy announcements. Bitcoin dropped from a record high above $126,000 to a low of $104,782.88. Despite this setback, Bitcoin remains up more than 16% year-to-date. The broader market remains cautious amid concerns about high equity valuations and uncertain global monetary policy. Cryptocurrencies have been boosted this year by Trump's favorable stance on digital assets, including dismissing lawsuits against crypto platforms and advancing regulatory frameworks.

Bitcoin Price Prediction For November?

TradingView believes that with few macro catalysts in November and uncertainty over U.S. economic data due to a possible government shutdown, Bitcoin may continue trading sideways between $107,500 and $123,000.

Still, some analysts remain optimistic about a potential “Santa Rally” in December. The expected end of QT and another possible rate cut could boost liquidity and bring back bullish momentum in the final weeks of 2025.

For now, traders are advised to watch the $113,000 resistance and $100,000 support closely. A clear breakout or breakdown from this range will likely determine Bitcoin’s next major move.

Can I trade Bitcoin 24/7?

Yes, Bitcoin can be traded 24/7, unlike traditional stock markets, which are only open during specific hours. This is because Bitcoin operates on a decentralized network, meaning there are no centralized trading hours.

What is the difference between buying Bitcoin on an exchange and using a peer-to-peer (P2P) platform?

Exchanges: These are centralized platforms where you can buy Bitcoin directly with fiat money (USD, EUR, etc.). They act as intermediaries, ensuring the security of your trade but charging fees for their services.

P2P platforms: Peer-to-peer platforms (like LocalBitcoins or Paxful) allow users to trade Bitcoin directly with each other. These platforms offer more privacy but can involve higher risks, as you are relying on the integrity of the counterparty. Be sure to use escrow services provided by the platform for added security.