Bullish Bitcoin bets unraveled below $110K: Will October revive risk-on sentiment?
Bitcoin is down 5%, its sharpest weekly drop since March, but October seasonality and long-term holder stability suggest a potential recovery ahead.
Key takeaways:
Bitcoin suffers its steepest weekly decline since March, slipping under $110,000.
Over $15 billion in leveraged positions were flushed out, signaling a reset in risk appetite.