

"October was supposed to be “Uptober” — instead, it became one of the most brutal months in crypto history. From Bitcoin’s new all-time high at $126K to a record-breaking $19 billion liquidation wipeout, the market was rocked to its core.
In this video, Louis breaks down what went wrong, the macro forces that could still save Q4, and whether Bitcoin can reclaim new highs before year’s end — or if the bullish dream is truly over."
~ Coin Bureau
October 2025, which was widely expected to be a celebratory month for crypto, instead delivered one of the most violent and destructive periods in the market's history. The month began with Bitcoin smashing through its previous peak to set a new all-time high of over $126,000, but this euphoria was quickly followed by a massive deleveraging event. Triggered by a geopolitical black swan, the market experienced the single largest liquidation event in its history, wiping out over $19 billion in leveraged positions and shattering trader confidence. Bitcoin plunged 18% from its high, while altcoins suffered catastrophic 60% to 80% losses as liquidity evaporated. The volatility continued near the end of the month when a cautious outlook from the Federal Reserve prompted a further sell-off, cementing October as the "red month" that effectively broke a decade of bullish seasonal patterns.
Despite the severe psychological and financial damage, the market crash is viewed by many analysts as a necessary purge of excess leverage, creating a cleaner foundation for a Q4 recovery. The primary arguments for a year-end rally rest on shifting macro dynamics and resilient institutional demand. The Federal Reserve has signalled a dovish pivot with rate cuts and the official end of Quantitative Tightening (QT) set for December 1st, which is expected to provide significant tailwinds by boosting global liquidity. Furthermore, institutional capital continued to flow into Bitcoin and Ethereum ETFs even after the crash, suggesting that smart money views the decline as a prime opportunity to acquire fundamentally strong assets at a discount. While the path is narrow, the combination of a deleveraged system, improving macro conditions, and steady institutional support leaves the possibility open for Bitcoin and Ethereum to still challenge new all-time highs by the end of 2025.
00:00 – Bitcoin Hits $126K Before Massive Crash
02:05 – $19B Liquidation Triggers Crypto Meltdown
04:53 – Fed Rate Cut Spooks the Market
06:30 – Why October’s Crash Could Reset the Cycle
07:45 – Fed Pivot and End of QT Fuel Hope
09:22 – Bitcoin’s Path to $200K Still Alive
11:00 – Altcoin Season on Hold
13:01 – Market Purged, Not Broken: Q4 Outlook
Source - Coin Bureau YouTube: https://www.youtube.com/watch?v=QA-bUmfHEMQ
Disclaimer: This video is provided for informational purposes only, and not offered or intended to be used as legal, tax, investment, financial, or any other advice.