~snip~
October has often been a good month for Bitcoin:
If you look at this table, then a bad October for Bitcoin was in 2014 and 2018. 2014 and 2018 are the next year after a strong bull run, and 2022 can be included here. It has similar dynamics and behavior. Even if bitcoin rises slightly and closes October in the green, many may perceive this as bottoming and turning the market towards bulls. But this may turn out to be a banal trap before a further decline. $18,000 is not yet such an extreme price at which one can hope for total capitulation. Bitcoin still has room to fall.
Good presentation to follow Bitcoin's price trend in all October from the past years. And yeah, 2022 might be similar with 2014 and 2018 price actions then eventually turn out to make another ATH, and we should also remember in the next 2 years, Bitcoin halving will occur again thus creating another hype trend like the usual.
IMO, this year's October will not going to make any difference from the past month's Btc price. It would either stay in the same region from September or would slightly fall at $15k level.