Bitcoin's potential for an October rally, often referred to as 'Uptober,' is under scrutiny as analysts debate its prospects. Historical trends show Bitcoin closing higher in 10 of the last 12 Octobers, but current macroeconomic uncertainties and low volatility could dampen gains. The market is closely monitoring Federal Reserve rate-cut odds and liquidity signals for signs of a breakout. Analysts are divided, with some predicting strong gains for Bitcoin this October, while others anticipate a modest rally due to low implied volatility and profit-taking. On Monday, Bitcoin experienced a decline to a 12-day low, influenced by broader market rotation and short-term selling pressure.