Analysts: Bitcoin may rebound after its October decline.

According to Odaily Planet Daily, LMAX strategist Joel Kruger stated that Bitcoin fell 4.5% in October, ending a six-year October rally, but this decline may only be temporary rather than a trend reversal. Fundamentals remain strong, and historically, the fourth quarter is typically Bitcoin's best-performing quarter. Bitcoin is currently down 2.4% at $107,564.