Bitcoin is poised to record its first negative October since 2018, as retail traders exhibit increased caution. Bearish sentiment is rising across social media platforms such as Twitter, Reddit, and Telegram. The cryptocurrency's decline is attributed to market volatility, macroeconomic uncertainty, and weak momentum following a stagnant summer. Analysts believe this consolidation phase might pave the way for stronger movements, particularly with the 2026 halving on the horizon.