Bitcoin faced renewed selling pressure during the 38th week of the year, slipping into a familiar seasonal decline. Historical price patterns suggest this particular week tends to be one of the weakest stretches for the asset, and this year’s performance followed that trend closely. The market saw a steady dip in momentum, leaving traders cautious as the fourth quarter approaches.
Over the past decade, this week has consistently ranked among Bitcoin’s least profitable, with multiple years showing negative returns. While there’s no single explanation, analysts often point to a mix of investor fatigue, shifts in macroeconomic conditions, and portfolio rebalancing as reasons for the repeated downturn during this period.
This year’s drop aligned with global uncertainty in traditional markets. Rising bond yields, inflation concerns, and anticipation of further central bank moves caused many investors to step back from riskier assets. As a result, Bitcoin and other cryptocurrencies saw declines in both price and trading activity.
Despite the downturn, some see this as a natural cooldown before the potential upside in the final quarter. Historically, October and November have brought renewed strength to the market. For now, Bitcoin’s stumble in week 38 is a reminder that even dominant assets are influenced by timing, sentiment, and seasonal patterns.