Bitcoin appears to be quietly gathering strength beneath the surface. After a healthy pullback that shook out weak hands, the market is showing signs of renewed momentum. Key technical signals suggest this correction may have been a setup for the next major rally, potentially paving the way for a new all-time high. Healthy Correction Within A Dominant Uptrend EtherNasyonaL, in a recent post, highlighted that Bitcoin continues to maintain its upward trajectory despite recent market fluctuations. The analyst described the latest movement as a healthy correction within the broader bullish trend, emphasizing that such retracements are natural in a sustained rally. Related Reading: Bitcoin Pauses Below Key Levels – Can It Regain Momentum For A Rally? Following a rejection from the supply zone, Bitcoin found strong support at a key demand area, where buyers quickly stepped in to defend the price. This rebound underscores the underlying strength of market participants and reaffirms that bullish sentiment remains dominant. EtherNasyonaL noted that short-term volatility, for traders not involved in leveraged positions, often appears as noise in the bigger picture. BTC’s macro trend is still positive, and the ongoing correction may simply serve as fuel for the next leg higher. Overall, Bitcoin’s structure remains solid, with its trend intact and momentum still alive. Bullish Spring Formation Points To Possible Breakout Setup Crypto analyst Christopher Inks, in an X post, noted that Bitcoin’s latest price action has refined its trading range, offering a clearer market structure. He suggested that the asset may have just formed a heavy spring or bullish Swing Failure Pattern (SFP), a setup that often precedes strong upward movement. Related Reading: Here’s Why The Bitcoin Price Crashed After Hitting $125,700 All-Time High If this bullish setup holds, the analyst expects a validation phase, where Bitcoin could form a higher low on lower volume, a classic sign of successful testing. Such a move would confirm the spring’s strength and potentially trigger momentum toward a new all-time high (ATH). This phase is critical in determining whether the next major rally is about to begin. Inks also pointed to Open Interest (OI) as a key confirmation tool. A decline in open interest as price consolidates would suggest short covering and validate the bullish test. On the other hand, rising OI on lower closes would imply continued distribution, signaling that the market may need more time before reversing decisively. From an Elliott Wave Theory (EWT) perspective, Inks identified a three-wave structure from the swing low while printing a new swing high that fits a flat correction pattern. Since flat corrections often occur before the continuation of a larger uptrend, this analysis aligns with the Wyckoff interpretation, suggesting Bitcoin’s structure remains strong and poised for another upward leg. Featured image from Pixabay, chart from Tradingview.com
The Bitcoin price has experienced a notable decline of 6% from its all-time highs, leading to significant liquidation events that approached $200 million on Friday, while sparking renewed speculation about the cryptocurrency’s future trajectory. Analysts from The Bull Theory attribute the current slump to geopolitical developments, specifically President Donald Trump’s announcement of substantial tariffs and export controls on Chinese goods, particularly affecting key industrial and strategic materials. How Tariff Risks Are Impacting The Bitcoin Price The implications of these tariffs, according to the analysts, are multifaceted, introducing risks that could disrupt supply chains, accelerate inflation, and slow global trade. Related Reading: Why The Dogecoin Price Could Surge 3,690% To $9.8 This Bull Cycle Several factors are contributing to Bitcoin’s sell-off at this time. First, there is a notable risk rotation occurring, with investors seeking refuge in safer assets such as cash and gold. Second, the looming tariff risks could lead to rising inflation, potentially delaying anticipated rate cuts. Third, the unwinding of short leverage positions is impacting alternative cryptocurrencies and leveraged Bitcoin holdings, exacerbating the downward trend. Lastly, the uncertainty surrounding trade policies has created an “uncertainty premium,” prompting markets to demand a discount until a clearer picture emerges. Drawing parallels to past market behavior, the analysts recall that threats of tariffs in 2025 precipitated a significant crash in the Bitcoin price and other cryptocurrencies. These recent moves appear to serve as liquidity probes, testing the market’s resilience and flushing out weaker hands before a potential recovery phase. Analysts Predict Positive Outlook For BTC Looking ahead, The Bull Theory suggests market participants should be vigilant about BTC’s nearest key support zone, particularly around the $116,000 mark, where buyers have historically returned. Additionally, they assert that the reaction of policymakers will be crucial; if the Federal Reserve (Fed) signals a willingness to ease monetary policy, a sharp rebound could follow. Conversely, if Trump’s rhetoric regarding tariffs diminishes or becomes more defined, it is expected that confidence in the market may be restored. In the short term, analysts anticipate continued downside volatility with potential retests of support levels. However, the medium-term outlook suggests that savvy investors may begin accumulating Bitcoin as the prevailing narrative weakens. Long-term, with anticipated rate cuts and the historically strong performance of markets in the fourth quarter, the prospects for the Bitcoin price appear promising. As liquidity returns and market momentum builds, the path forward for Bitcoin often trends upward. BTC At $130,000 By Month-End? Market expert Timothy Peterson has also weighed in, noting that half of Bitcoin’s gains for October may have already been realized, according to artificial intelligence (AI) simulations. Related Reading: Bitcoin Who? XRP Leads Coinbase Search Charts, Beating The Giants The analysis presented earlier this week a 50% chance that the Bitcoin price will finish the month above $140,000, and a 43% probability it would end below $136,000. However, following the recent Bitcoin price drop, the updated AI forecast suggests an expected month-end value of around $130,000, representing an 11% increase from the current price of approximately $117,300. Despite this, there is now an 18% chance that ‘Uptober’ could conclude negatively, adding another layer of uncertainty to the market’s outlook. Featured image from DALL-E, chart from TradingView.com
The spot Bitcoin ETFs (exchange-traded funds) have been in solid form over the past two weeks, laying a foundation for the strong price action experienced by the premier cryptocurrency recently. According to market data, the crypto-linked investment products opened the week with a daily inflow record of over $1.21 billion. As of this writing, with data from Friday’s trading session yet to be included, the US-based Bitcoin ETFs are currently on a nine-day streak of positive inflows. However, a focused look into the inflows trend shows that this data point doesn’t fully tell the story. Do Bitcoin ETFs’ Performance Depend On BlackRock’s IBIT? In a recent post on the X platform, market analyst CryptoOnchain stated that the latest data shows a major divergence in the US-based Bitcoin exchange-traded fund market. According to the on-chain pundit, the capital flow has been mostly positive because of BlackRock’s iShares Bitcoin Trust (IBIT). Related Reading: Bitcoin 4-Year Cycle Marks A Turning Point: Analyst Explains Why This Time Is Different Breaking down the trend with the Bitcoin ETFs, CryptoOnchain labeled BlackRock’s IBIT as the “market’s shock absorber,” mopping up the heavy sell-side liquidity. The largest Bitcoin exchange-traded fund by net assets has not posted an outflow day in October, with a $4.21 billion inflow so far. On the other hand, the second-largest BTC ETF Fidelity Wise Origin Bitcoin Fund (FBTC) has had a mixed performance in recent days, signaling a trend of portfolio rebalancing amongst their investors. Meanwhile, Grayscale’s GBTC has struggled with muted capital performances, interspersed with some daily net outflows. CryptoOnchain also highlighted the Invesco Galaxy Bitcoin ETF (BTCO), which witnessed a major one-day outflow, which precipitated significant market pressure. However, the net positive activity of BlackRock’s IBIT kept the BTC price afloat at the time. CryptoOnchain noted that any slowdown in capital inflows for the iShares Bitcoin Trust could significantly weaken the bullish momentum of the BTC price. However, it is worth mentioning that the Bitcoin price is currently under intense downward pressure due to the looming trade war between the United States and China. As of this writing, Bitcoin is valued at around $112,143, reflecting an over 7% downturn in the past 24 hours. Bitcoin Institutional Demand Remains Steady: Glassnode Before the market downturn triggered by US President Donald Trump’s tariff rumors and eventual announcement, the Bitcoin price had managed to stay above $120,000. In an earlier October 10 post on X, Glassnode shared that the Bitcoin ETFs might have helped keep the premier cryptocurrency afloat. Related Reading: Bitcoin Foundation Has Changed: Cycle 4 Is Redefining Long-Term Market Trend – Here’s How According to the on-chain firm, the exchange-traded funds have continued to record capital inflows despite BTC’s mild pullback from its all-time high. “This suggests structural buying is still underpinning the market, helping to absorb volatility and stabilize price action,” Glassnode concluded. Featured image from iStock, chart from TradingView
The Bitcoin, Ethereum, and Dogecoin prices are crashing today, sparking bearish sentiment in the crypto market. This followed the U.S. President Donald Trump’s move, which has ignited fears of a full-blown trade war with China. Why The Bitcoin, Ethereum, and Dogecoin Prices Are Crashing The Bitcoin, Ethereum, and Dogecoin prices are down today, according to CoinMarketCap data. The flagship crypto has dropped to as low as $104,000 over the last 24 hours, wiping out its early October gains that led to a new all-time high (ATH) above $126,000. Ethereum dropped to as low as $3,400, while Dogecoin broke below the psychological $0.2 level and fell to $0.11. Related Reading: Institutions Dump Massive Amounts Of Bitcoin And Ethereum As XRP And Solana Buying Ramps Up This massive crash in Bitcoin, Ethereum, and Dogecoin followed Trump’s Truth Social post, in which he announced that the U.S. will impose a 100% tariff on China, over and above any tariffs they are currently paying, starting on November 1. He added that they will also impose Export Controls on any and all crucial software from China starting on November 1. Notably, Trump had earlier in the day threatened to massively increase tariffs on China, while stating that the country was becoming hostile. This initial threat caused Bitcoin to sharply drop below $120,000 from a high of around $122,000. Meanwhile, the Ethereum and Dogecoin prices also faced sharp declines. Bitcoin was trading around $116,000 when Trump announced a 100% tariff on China, which sent the crypto market into a spiral. BTC’s further decline also pushed Ethereum and Dogecoin to intraday lows of $3,400 and $0.11, respectively, extending their market losses. Meanwhile, these massive declines for the crypto assets contributed to the largest liquidation event in crypto’s history. CoinGlass data shows that $20 billion has been wiped out from the crypto market in the last 24 hours, driven by crashes in Bitcoin, Ethereum, and Dogecoin prices. This liquidation event was larger than the COVID-19 crash and the FTX bankruptcy crash. Exchanges May Have Contributed To The Crash BitMEX co-founder Arthur Hayes suggested that crypto exchanges may have contributed to the crash in the Bitcoin, Ethereum, and Dogecoin prices. In an X post, he stated that the word on the street is that big CEX’s auto liquidation of collateral ties to cross-margined positions is why many altcoins “got smoked on the move down.” He congratulated those who bought the dip, stating that market participants are unlikely to see those levels again anytime soon on many high-quality altcoins. Related Reading: Bitcoin Short-Term Prediction: Why The Price Will Cross $140,000 By The End Of October Crypto analyst Kevin Capital opined that the drop in Bitcoin, Ethereum, and Dogecoin prices was caused by serious issues across top exchanges like Robinhood, Coinbase, and Binance. He added that what makes it even worse is that these exchanges didn’t let people buy the dip at the lowest point. Featured image from iStock, chart from Tradingview.com
Bitcoin and the general crypto market have witnessed another significant downturn this year, with prices falling by double digits in the late hours of Friday, October 10. This bearish pressure started when rumors of a trade war between the United States and China emerged in the early hours of Friday. The downward pressure intensified after US President Donald Trump declared that the US would impose a 100% tariff on Chinese goods. As a result of this announcement, over $5.5 billion was liquidated from the crypto market in less than an hour, with the Bitcoin price briefly falling to as low as $101,500. Is This BTC Whale Linked To The US Government? In a recent post on X, on-chain analyst Maartunn highlighted a specific Satoshi-era Bitcoin investor who might have expected this downturn way before it happened. A look at the trader’s market moves suggests that the large BTC holder almost always knows something the market doesn’t. Related Reading: Bitcoin Whales Are Back: Three Indicators Suggest A Run Toward $130,000 While the price of Bitcoin steadily dropped towards $117,00 during the day, blockchain analytics platform Lookonchain revealed that this Bitcoin OG kept piling up their short positions up to $1.1 billion. Following the BTC crash below $110,000, this large investor made a profit of over $160 million, leading to speculations about them having insider information. Maartunn went further to highlight the large holder’s activities in the past few months. According to the analyst’s post on the social media platform X, this Bitcoin OG started selling part of their 86,000 Satoshi-era BTC stash when prices peaked around August 2025. Similarly, the BTC whale took to shaving off their holdings again when the Bitcoin price ran up to new highs in early October. What’s more interesting is that the Satoshi-era investor soon opened leveraged short positions on both Bitcoin and Ethereum on the Hyperliquid platform. Maartunn thought that the timing of these trades might be interesting, especially as the general crypto market soon witnessed a downturn due to President Trump’s tariff announcement. The on-chain analyst then concluded that the “Satoshi-era OG have insider ties to the US government.” Bitcoin Price At A Glance As of this writing, the price of BTC stands at around $113,250, recovering swiftly from the plunge to around $101,500. However, the premier cryptocurrency is still down by nearly 7% in the past 24 hours. Related Reading: Bitcoin Dominance Dilemma – Why Capital Flows Back To BTC Before Fuelling Altcoin Rally Featured image from iStock, chart from TradingView
The cryptocurrency market, a landscape famed for its volatility and rapid innovation, operates on a rhythm dictated by the dominance of Bitcoin and the subsequent explosion of Altcoins. This pattern is proof that the market still moves to BTC’s beat, positioning it as the unseen conductor of this vast digital sector. How Bitcoin Dominance Peaks Before Altcoin Euphoria In an X post, Swissblock has mentioned that the Bitcoin and Altcoin cycle continues to indicate that the crypto market remains firmly anchored to BTC dominance. Despite the rise of narratives and market behavior, the market is now approaching the full BTC season zone, a phase where capital seeks safety and structure within BTC. Related Reading: Lower Bitcoin Dominance Reinforces Altcoin Strength — Here’s How However, this cycle has an interesting nuance that dominance isn’t surging higher as expected, but stabilizing, hinting at early signs of rotation readiness. BTC still leads the narrative, commanding attention and confidence, but the dominance curve appears to be plateauing. If BTC can maintain its stability while altcoin impulses broaden, the market could soon evolve from a BTC-led phase into a mixed regime, a stage where altcoin leadership will begin to re-emerge. Leading full-time crypto trader and investor, Daan Crypto Trades, has also recently offered a key technical perspective on the current state of the crypto market, Bitcoin Dominance, and its implications for a potential all-time high (ATH) breakout. According to Daan’s analysis, BTC has been steadily outperforming altcoins in recent weeks, a dynamic he views as healthy and necessary for the broader market. As BTC dominance rises, capital and attention consolidate around BTC, reinforcing confidence and creating the conditions needed for a convincing break toward ATH. The analyst noted that this phase of BTC strength could extend further, potentially pushing BTC dominance as high as 60% before altcoins begin to catch up again. He believes that this dominance rally may be a bounce within a larger downtrend on the BTC dominance chart. Despite the shift, Daan maintains a balanced approach, keeping a 50/50 split portfolio between BTC and ETH altcoin spot positions, a strategy he has held for some time. Why Bitcoin Strength Still Matters While Bitcoin dominance is trending up, Koroush AK, Founder of ZCTraders, highlighted that as long as BTC’s price maintains above the 0.382 Fibonacci retracement level around $119,400, altcoins won’t enter panic mode. In addition, the broader market will continue positioning for potential all-time high breakouts. Related Reading: Bitcoin Bear Trap Over? Pundit Reveals Where The Market Is At Right Now However, BTC may experience a short-term pullback toward the midpoint at around $116,000. Thus, if BTC remains resilient above current support, an extension toward $125,000 could trigger a clean breakout to new highs, reaffirming bullish market structure. Koroush also addresses the psychology behind this kind of trading approach, that a disciplined trader must always prepare for two scenarios when trading. Featured image from Pixabay, chart from Tradingview.com
New Bitcoin (BTC) price forecasts suggest that the leading cryptocurrency could cross $140,000 before the end of October. Based on historical data and advanced empirical modeling, a crypto analyst has confirmed that the probability of Bitcoin finishing the month above this key level appears increasingly likely. Bitcoin Price Set For Major October Rally According to a price prediction shared by crypto analyst and economist Timothy Peterson on X social media, Bitcoin’s trajectory in October appears promising. His AI-based bootstrapped simulation chart also suggests that half of the month’s gains may have already been realised. Related Reading: Can The Bitcoin Price Explode To $200,000? The Gold Chart That Tells It All The empirical model, which draws on data from October 2015 to 2024, reveals a 50% probability that BTC could end the month above $140,000, representing a roughly 15% surge from current levels of around $121,000. Additionally, the model indicates a 43% probability that the Bitcoin price will finish below $136,000 within the same time frame. Peterson’s chart displays observed daily prices leading into October 2025 and a projected range extending into early November. The model’s mean prediction, represented by the dashed blue line, suggests a gradual climb from the $120,000 range toward the $140,000 mark. The 68% confidence interval remains comfortably positioned above $130,000 for much of the forecast period. The model also includes a 95% confidence interval, shown by the wider orange band, which highlights the full range of likely outcomes. It suggests that Bitcoin has only a slight chance, about 5%, of finishing October below $110,000 and above $170,000. Interestingly, Peterson noted in an earlier post that October has historically been one of Bitcoin’s strongest months. His analysis highlights that specific days within the month, including the 9th, 20th, and 28th, have been bullish 71% of the time, while the 29th has seen gains 78% of the time since 2015. This historical tendency of October surges lends additional weight to the analyst’s bullish Bitcoin price forecast, suggesting that recurring patterns could help propel the cryptocurrency to new all-time highs soon. Long-Term BTC Setup Supports Steady Growth Toward $200,000 In another report, Peterson presented a chart illustrating Bitcoin’s long-term price structure since 2022. While he clarified that he is not a proponent of traditional technical analysis, he emphasized his belief in repeating market cycle patterns. The chart depicts Bitcoin’s price movement within two parallel red trend lines, showing a consistent upward trajectory since the market bottom. Related Reading: Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000 Within this framework, several green upward segments indicate recurring phases of rapid price appreciation. According to this cyclical model, Bitcoin remains firmly within an established growth channel, projecting a potential rise toward $200,000 within the next 170 days. Peterson assigned this bullish scenario a “better than 50/50 chance,” suggesting that current market structure and historical recovery patterns support the case of continued Bitcoin price appreciation well into 2026. Featured image from Pixabay, chart from Tradingview.com
Bitcoin’s latest pullback has little to do with crypto-native flows and everything to do with the dollar, according to chief crypto analyst at Real Vision Jamie Coutts. Sharing two charts on X, Coutts argued that a rebound in the US Dollar Index (DXY) is briefly tightening global liquidity and pressuring risk assets across the board. “Bitcoin’s dip isn’t mysterious — it’s macro,” he wrote. Why Is Bitcoin Down? “The dollar’s rebound is tightening global liquidity. DXY is retesting 100–101 — a key resistance and natural mean-reversion zone after one of the sharpest declines in decades in 1H25. Positioning had become crowded on the short side, so a bounce was always likely. The real question: is this the start of a new dollar cycle or just the setup for the next leg lower? Base case: liquidity tailwinds and an improving business cycle keep the outlook for risk assets bullish into mid-2026,” he added. Related Reading: Bitcoin’s Rally Still Looks Intact, CryptoQuant Says: Here’s Why The first chart he shared juxtaposes the USD COT Index with the US Dollar Index. After a prolonged slide in 1H25, speculative positioning flipped aggressively against the dollar, with the COT index sinking into negative territory in mid-2025. That capitulative stance created fertile conditions for a counter-trend squeeze. The price panel shows DXY clawing back toward the 100-101 area—a zone that lines up with prior congestion and the underside of this year’s breakdown—while the COT bars remain below zero, consistent with short-covering dynamics rather than a fully rebuilt long-dollar consensus. Coutts’ second chart overlays the Global Liquidity Index with the inverse of DXY. The series track each other closely: when the dollar weakens (inverse DXY rises), the global liquidity proxy rises too, historically coinciding with stronger performance for duration-sensitive risk assets such as equities and crypto. Related Reading: The Old Bitcoin Rules No Longer Apply, Arthur Hayes Warns Over recent weeks, the white liquidity line has rolled over modestly as the blue inverse-DXY line has done the same, illustrating the transmission mechanism Coutts highlights: a firmer dollar equals tighter global dollar liquidity at the margin, which in turn dents risk appetite and crypto beta. What This Means For BTC Price Framed this way, Bitcoin’s slip is a straightforward function of FX mean reversion and futures positioning, not a breakdown in crypto’s structural flows. The “crowded short” in dollar futures telegraphed vulnerability to a bounce, and the mean-reversion target around 100–101 offered a logical waypoint for that move. If DXY stalls and resumes lower from that band—consistent with the broader 2025 downtrend—liquidity conditions would likely ease again, restoring the bid under high-beta assets. If, instead, the index pushes through and holds above that zone, Bitcoin would be contending with a more durable dollar impulse and a slower return of positive liquidity momentum. Coutts’ “base case” remains constructive despite the near-term headwind: an improving global business cycle and continued liquidity tailwinds into mid-2026. In that framework, Bitcoin’s drawdowns on dollar strength look cyclical, not secular. The immediate pivot point sits in plain view on his charts: the DXY’s 100–101 retest, born from stretched speculative shorts and classic mean reversion, is dictating BTC’s temperature for now. At press time, Bitcoin traded at $121,703. Featured image created with DALL.E, chart from TradingView.com
Bitcoin (BTC) is holding a tight range around $121,000–$123,000 after tapping a fresh all-time high near $126,000 earlier this week. Under the surface, demand remains robust as U.S. spot Bitcoin ETFs just logged an eighth straight day of net inflows, with one session alone adding $441 million. Related Reading: Why The Bitcoin Price Might Never Drop Below $100,000 Again Over the past week, cumulative ETF net flows have climbed by billions, pushing total Bitcoin ETF assets toward $160 billion. This steady pipeline of capital, now a fixture of pension funds, RIAs, and asset managers, continues to soak up more BTC than miners create, tightening free float and muting deeper pullbacks. The setup reinforces Bitcoin’s evolving role as a portfolio diversifier and inflation hedge, especially as the U.S. dollar wobbles and macro uncertainty lingers. Technical Levels Point Bitcoin (BTC) to $117K Support, $125K–$126K Ceiling After the spike to new highs, BTC is digesting gains in a sideways band. $125,000–$126,000 remains the near-term ceiling; a decisive daily close above that zone would likely unlock momentum toward $128,000–$130,000 and extend price discovery. On the downside, $117,000 is developing as the first key support, aligning with a heavy cost-basis cluster and prior breakout structure. A deeper fade could probe $114,000 near the 50-day moving average, where trend buyers may re-engage. Momentum indicators are neutral-to-constructive (RSI mid-zone, MACD flattening), consistent with healthy consolidation above rising MAs. Traders are watching for: Spot-led strength over derivatives (cleaner advances). ETF inflows staying positive (supports dips). Range break above $126,000 on expanding volume (bullish confirmation). BTC's price records losses on the daily chart. Source: BTCUSD on Tradingview Scarcity Meets Institutional Liquidity Bitcoin’s post-halving issuance of 450 BTC/day collides with institutional demand that’s arriving “on schedule” via ETFs, creating a structural supply deficit. Year to date, institutional accumulation has outpaced new supply many times over, a dynamic that historically precedes trend extensions. Add in the dollar-debasement narrative, stubborn inflation, rising debt, and policy ambiguity, and credibly scarce assets like BTC and gold remain in favor. Related Reading: $200 Million Rescue Plan: TRUMP Meme Coin Fights For Survival With net inflows recurring and macro tailwinds intact, a range break toward $130,000 looks increasingly plausible in Q4, provided $117,000 holds on dips and $125,000–$126,000 gives way on a high-volume push. Cover image from ChatGPT, BTCUSD chart from Tradingview
The Bitcoin price rise is not going to slowing down, according to market expert Anthony Pompliano. The well-known investor and founder of Professional Capital Management believes the top cryptocurrency still has a long way to go. In a recent video post on X, Pompliano revealed that Bitcoin’s value will continue to grow as long as governments and central banks continue to print more money. Anthony Pompliano Links Bitcoin Price Endless Rise To Global Money Printing During an interview with CNBC, Pompliano said Bitcoin’s rally is far from over. According to him, when more money enters the system, the value of paper currencies decreases, and people begin seeking more effective ways to protect their savings. Now the best approach for investors is to work hard, earn money, spend only what is necessary, and save the rest in Bitcoin. Related Reading: Pundit Says XRP Price Can Easily Hit $1,000 If This Happens As observed by Pompliano, this is what could drive the growth in Bitcoin prices. According to the market expert, Bitcoin could quickly become the preferred choice for people looking to protect their savings from inflation, serving as a simple ‘savings technology’ that preserves the value of their hard work. Pompliano emphasized that this idea is not about making money quickly, but about understanding how money loses value when central banks print more currency. Each dollar becomes weaker, while Bitcoin, with its fixed supply, continues to gain strength as more people use it for saving and investing. Scarcity resulting from Bitcoin’s fixed supply, combined with growing demand, could drive the Bitcoin price higher. Pompliano believes the pattern will last for many years. Bitcoin Becomes The New Benchmark In Modern Finance Pompliano also described Bitcoin as the new “hurdle rate” in modern finance. In simple terms, he said investors now compare all other assets to Bitcoin to judge whether they’re truly profitable. If a traditional asset cannot outperform Bitcoin, it is not a substantial investment. He compared Bitcoin’s growth to the S&P 500, noting that while the S&P has doubled since 2020, it has dropped nearly 90% when measured against Bitcoin. Related Reading: Pundit Predicts Potential XRP Price Rally From $3-$1,000 As It Replicates This Move From 2017-2018 Pompliano said that many traditional financial assets, including stocks and bonds, look profitable only when measured in fiat currencies. But when compared to Bitcoin, their returns fall short. Because of this, he said, investors are left with few options: they either buy Bitcoin or risk missing out on more substantial returns. Pompliano’s comments come after the Bitcoin price reached a new all-time high of $126,198, followed by a drop to $124,714. Even with the slight dip, the market expert believes the rally is not close to ending. As he put it, this is not just a rally — it’s the start of a long-term shift in how the world sees money and value. Featured image created with Dall.E, chart from Tradingview.com
Crypto analyst PlanB has explained why the Bitcoin price may never drop below $100,000 again. This comes as market participants continue to speculate on whether the flagship crypto could fall below this psychological level if a full-blown bear market were to occur. Bitcoin Price Has Likely Turned $100,000 Into Support PlanB stated in an X post that he will not be surprised if the Bitcoin price does not drop below $100,000 again as the market witnesses the $100,000 resistance turn into $100,000 support. The analyst further noted that the September close was the fifth consecutive monthly close above that psychological price level. Related Reading: Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000 PlanB stated that the same thing happened when the Bitcoin price was trading at $10,000, $1,000, $100, and $10. The analyst’s remarks came as he noted that 63% of people think that Bitcoin will drop below $100,000. Notably, there were more calls for a drop below $100,000 towards the end of September when BTC dropped to as low as $108,000. Crypto influencer Ansem was among those who predicted that the flagship crypto would likely retest $90,000. However, the Bitcoin price has since staged a remarkable comeback from the $108,000 lows, rallying to a new all-time high (ATH) above $126,000 to start the month. As a result, BTC is already up 7% to start the month, with October notably the flagship crypto’s second-best performing month after November, based on historical data. It is worth noting that the Bitcoin price has traded above $100,000 since May 8 and has now been above this psychological level for over 150 days, its longest streak. Meanwhile, market participants are currently betting that it will likely stay this way. According to Polymarket data, there is only a 25% chance that BTC will drop below $100,000 by the end of this year. BTC Bull Market Still On Crypto analyst Titan of Crypto declared that the crypto market is still on and questioned why market participants were in a rush to call the top. The analyst noted that the Stoch Relative Strength Index (RSI) crossovers keep aligning with strength. He added that the chart will tell them when the bull run is over, but for now, that is not the case. Related Reading: Bitcoin’s 2021 Playbook Shows The Final Price Target For This Bull Cycle In another analysis, Titan of Crypto revealed that the Bitcoin price continues to print higher highs and higher lows. Based on this, he raised the possibility that BTC could rally to as high as $160,000 by the end of the year. This aligns with predictions by JPMorgan and Standard Chartered, which predict that BTC can reach $165,000 and $200,000, respectively, by year-end. At the time of writing, the Bitcoin price is trading at around $122,000, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
Arthur Hayes argues that Bitcoin’s widely cited four-year halving cycle has broken down and that macro liquidity—not protocol mechanics—will dictate the next leg of the market. In a new essay titled “Long Live the King!” published on October 9, 2025, the BitMEX co-founder contends that policy choices in Washington and Beijing are setting up a structurally easier money regime that should keep pushing BTC higher, even as many traders look for a textbook cycle peak. “The four-year anniversary of this fourth cycle is upon us,” he writes, but those applying the old pattern “miss why it will fail this time.” The 4-Year Bitcoin Cycle Is Dead Hayes’ framework is explicit: the price of money and its quantity are the dominant variables for risk assets, and Bitcoin’s USD value rises and falls with dollar liquidity. “Bitcoin in the current state of human civilization is the best form of money ever created,” he says, yet its dollar price “will ebb and flow because of the price and supply of dollars.” He extends the lens to China, arguing that the yuan credit impulse has historically amplified or dampened crypto cycles alongside US conditions. To make the case that halving-anchored timing is obsolete, Hayes revisits four eras and links each to turning points in dollar and yuan liquidity. The “Genesis Cycle” (2009–2013) rode post-GFC quantitative easing and a surge in Chinese credit until both decelerated into 2013, “popp[ing] the Bitcoin bubble.” Related Reading: From Greed To Fear: Expert Says 2026 Bitcoin Bubble Will Dwarf 2017 The “ICO Cycle” (2013–2017) was powered less by dollars than by “a fuck ton of yuan sloshing around the global money markets,” as the China credit impulse spiked in 2015 amid a yuan devaluation, before tightening and higher U.S. rates ended the run. The “COVID Hoax” period (2017–2021)—Hayes’ label for the pandemic-era policy response—saw “helicopter money” under President Donald Trump and a rapid doubling of dollar supply with rates pinned at zero, propelling all risk assets, including crypto, until inflation forced tightening in late 2021. In the current “New World Order” phase (2021–?), Hayes argues that liquidity plumbing, not halvings, explains Bitcoin’s resilience. He highlights the US Treasury’s issuance tilt toward short-dated bills, which drained the Fed’s reverse repo facility and “unleashed ~$2.5 trillion of liquidity into the markets,” and he characterizes this as a political choice to “run the economy hot.” Related Reading: Veteran Macro Strategist Says Bitcoin Is Entering A 1950s-Style Supercycle He links the macro pivot directly to today’s setup: “The Fed resumed cutting interest rates in September even though inflation is above its own target,” while the administration seeks to “lower the cost of housing” and loosen bank regulation to spur lending to “critical industries.” In Hayes’ reading, the policy signals are unambiguous: “money shall be cheaper and more plentiful.” China, in his view, won’t reprise the extreme credit surges of 2009 or 2015, but it also won’t be a headwind. While Beijing grappled with deflationary pressure and a property-sector reckoning, Hayes expects pragmatism to prevail: “When the economic pressure proves too intense… Chinese policymakers print money.” The upshot, he says, is that China may not drive global fiat creation, “but it won’t hinder it either.” The unifying thesis is that cycles have always been monetary cycles wearing different masks. Bitcoin’s earlier peaks coincided with decelerating dollar and yuan liquidity; its latest advance reflects a new alignment of political priorities with easier money, regardless of the halving calendar. Hayes puts it bluntly: “Listen to our monetary masters in Washington and Beijing. They clearly state that money shall be cheaper and more plentiful. Therefore, Bitcoin continues to rise in anticipation of this highly probable future.” His closing line distills the claim to a coronation metaphor: “The king is dead, long live the king!” At press time, BTC traded at $122,147. Featured image created with DALL.E, chart from TradingView.com
Amid the calls for new all-time highs for Bitcoin, one analyst is going against the trend and calling a crash. The prediction not only expects Bitcoin to break below the $100,000 level, which many believe was already left in the past, but to actually fall by more than 60% from here. The analysis, which depicts a flash crash, shows a possible price reversal into levels not seen in years. Entering A Bitcoin Short With Conviction The crypto analyst who goes by the pseudonym Dick Dandy revealed that their next move was to enter into a Bitcoin short position between $121,400 and $121,700. However, the more interesting part is the take-profit targets that Dandy set for this position. Related Reading: Is A 900% Rally To $2.98 ATH Possible As Pi Network Announces New DeFi Updates? First of these lies at the $105,700 level, moving down all the way through to $85,800. From here, the crypto analyst expects the Bitcoin price to continue to crash until it falls below $50,000 and registers prices not seen since 2024. Falling to the $43,900 target would mean an over 60% decline in the price, but the analyst expects Bitcoin to crash further. With the possibility that Bitcoin could see a recovery from $35,000, the analyst explains that they plan to open a long position to hedge their short. But maintains their belief in the fact that the Bitcoin price will continue to decline. Ultimately, Dandy believes that the Bitcoin price will eventually reach $10,000, which is the end of the target. Anatomy Of The Crash Explained In Theory In another post, Dandy explained the theory behind the Bitcoin flash crash as mostly a battle between traders and the market-makers. According to the analyst, market makers essentially enable crypto traders to utilize liquidity to enter leveraged positions. But ultimately, they want their money back while making sure that traders do not profit from their trades. Such cases lead to rapid price movements, which have become known in the market as “stop hunts.” These work to take a large number of traders out of their positions very quickly by liquidating them, essentially returning the liquidity, and then some, back to the market makers. Related Reading: This Major Bitcoin Metric Just Made A New Low For The First Time In 6 Years, Is An ATH Above $130,000 Coming? As for why such a large move is possible, the analyst explains that this is because most of Bitcoin’s market cap is all liquidity used for leveraging and derivatives trading. In fact, the analyst believes that the “floor price” of Bitcoin lies around $8,000, taking into account the stable sources and dividing it by the “dispersed amount of bitcoin on the market.” Dandy predicts that this move will happen very quickly, hence terming it a flash crash, and that traders will have very little time to react. “The more sell orders there are, and the greater the quantity of Bitcoin ordered to be sold, the faster price will drop down,” the analyst explained. Featured image from Dall.E, chart from TradingView.com
Bitcoin’s recent price action suggests a cooling phase after its failed attempt to secure a close above the $123,000–$124,000 all-time high zone. While short-term retracement appears likely, the broader market structure remains bullish. This correction could serve as a healthy reset before Bitcoin gathers momentum for its next major wave, with $150,000 standing as the next target. Heatmap Reveals Key Gaps In Bitcoin’s Support Levels ZYN, a prominent crypto analyst, recently posted an update on X highlighting a key observation from Bitcoin’s cost basis heatmap. The analyst noted that there’s limited support between the $121,000 and $120,000 levels, creating a fragile zone that Bitcoin could easily slip through if selling pressure intensifies. Related Reading: Did Bitcoin Top? Top Trader Warns Of Brutal $98,000 Liquidity Sweep Below that, ZYN pointed out a major area of interest around $117,000, where approximately 190,000 BTC had been previously purchased. This accumulation zone reflects a strong base of recent buyers and could serve as a critical level where market participants step in to absorb any downside pressure. If Bitcoin does pull back toward $117,000, the analyst believes it could set the stage for renewed accumulation rather than a deeper correction. Historically, retracements into strong support levels like this have provided fuel for the next leg higher as both existing and new investors take advantage of lower entry points. Summing up, ZYN emphasized that while Bitcoin lacks meaningful cushioning around $121,000, a solid foundation appears to be forming at $117,000. BTC Struggles To Hold Above All-Time High Zone In a recent market update, Crypto Candy observed that BTC once again struggled to maintain momentum above its ATH resistance zone between $123,000 and $124,000. The level has proven to be a tough barrier, with price attempts above it quickly met by selling pressure. As a result, BTC failed to close and sustain above this critical area, leading to a retracement that aligns with earlier expectations outlined in their analysis. Related Reading: Bitcoin Momentum Indicator: Why 600,000 Transactions Threshold Matters Most Presently, this short-term correction is viewed as part of a natural and healthy market cycle, not a signal of weakness. The analyst noted that if the current momentum persists, Bitcoin could dip toward the $116,000–$118,000 region before finding strong support. This range is viewed as a potential accumulation zone where buying interest could re-emerge, setting the stage for renewed bullish momentum. Despite the pullback, the broader outlook remains optimistic. Crypto Candy reaffirmed a psychological long-term target of $150,000 for Bitcoin, suggesting that the current price action is merely a temporary pause before the next leg higher. Featured image from Pixabay, chart from Tradingview.com
A prominent macro-crypto commentator argues that digital assets are transitioning from a greed-driven cycle to a “fear bubble,” with Bitcoin poised for a more powerful and more parabolic phase in 2026 than the euphoric surge of 2017. In a post on X from October 8, the analyst known as plur_daddy (@plur_daddy) contends that two narratives—monetary debasement and artificial intelligence—are now the dominant behavioral drivers, and that they operate less on promise than on anxiety. 2017 Vibes: Trump And AI Could Ignite Next Bitcoin Rally “We are in a bubble, and the most parabolic leg is approaching. The true fireworks will be next year but this Q4 we shall get a taste,” he wrote, adding that the stories animating this cycle are “fueled by twin narratives: debasement and AI. What is especially potent about these stories is the way they operate on fear, not hope. You NEED to buy gold/BTC to avoid getting your net worth debased away, and you NEED to have AI exposure to offset your future loss of labor market value.” While the themes are familiar to market professionals, he argues they have not yet been fully internalized by the broader public or by “bureaucratic real money funds such as pensions and endowments,” which he characterizes as slow to reposition for debasement risk. The result, he suggests, is under-owned exposure that can be forced higher once allocation committees catch up. “There is also a lot of investor capital that still hasn’t reflected these views yet,” he wrote, laying the groundwork for what he believes will be a structurally higher demand base for both Bitcoin and gold as the cycle matures. Related Reading: Bitcoin Will Not Crash: Jeff Park Rejects Paul Tudor Jones’ 1999 Comparison A central pillar of his thesis is a policy pivot he expects under the current administration, which he describes as “shifting in a pro-cyclical manner, leaning hard into the bubble, and ready to step on the gas ahead of the midterms.” He outlines four channels. First, “Trump Fed Hijacking,” shorthand for rate cuts followed by yield curve control to cushion the bond market and stimulate housing—timed “most likely… not… until May of next year,” which he frames as the ignition point for the final, steep ascent. Second, a Treasury issuance tilt to bills to pull down long-end yields and free up risk appetite. Third, enabling the GSE balance sheets to expand into mortgage bonds, compressing mortgage spreads and transmitting stimulus to housing via purchases and refinancing. Fourth, stimulus checks delivered through budget reconciliation—politically contested, he concedes, but with “decent odds” of prevailing given “ironclad” party control. Each mechanism, as he describes it, reduces financial frictions at the same time that fear-based narratives pull new capital into hard assets and AI-adjacent equities. The macro mix, in his view, is complicated but ultimately supportive. “The economy is not robust, but it is chugging along, floated by AI capex… a two speed economy, with real world businesses and the average consumer not doing great, but the high end and asset owners are soaring.” Moments later he sharpened the framing: “the two speed economy makes it goldilocks as the genuine weakness in parts of the economy creates a justification for continued fiscal/monetary stimulus while continuing to benefit asset owners. Be the asset owner, the beneficiary of it all.” This is the crux of the “fear bubble” argument: soft spots provide the political cover for policy support, while debasement concerns and job-market anxieties around AI keep households and institutions defensively overweight exposure to scarce assets and growth narratives. Why Q1 2026 Could See A Bitcoin Rally Pause For Bitcoin specifically, he lays out a path that interleaves seasonal strength, cycle reflexivity, and a final acceleration. “My base case is a strong Q4 for BTC, then a sharp downturn as the 4 year cycle debate must be played out in the markets, and finally a rebound that leaves doubters in the dust.” He later endorsed the possibility of “truly manic vertical days at the very end. Similar in vibes to early Dec 2017 in BTC,” invoking the last cycle’s most frenetic stage but recasting the psychology from greed to fear-driven defensiveness. Related Reading: Bitcoin’s On-Chain Roadmap Shows $111,000 – $143,000 As The Range To Watch The thread triggered broader speculation about end-cycle dynamics. Responding to a scenario from another user—“some kind of point in 2026 or 2027 where everyone collectively decides that the USD is going to 0 very quickly and impulsively buys whatever they can to get rid of it… Everything pumps +30% for 3 days straight… And then that is the top”—plur_daddy didn’t endorse the currency-collapse framing but did agree on the “truly manic vertical days at the very end.” Despite the bullish architecture, the analyst does not claim the underlying economy is healthy or that the path will be smooth. He argues instead that policy engineering—whether via issuance tactics, mortgage-market plumbing, or outright transfers—can keep liquidity channels open long enough to accelerate asset prices into a blow-off. “This is an environment where you want to stay long over the next 12 months, but you should be thoughtful in shifting portfolio composition between gold, BTC, and stocks,” he wrote, describing a rotation that acknowledges both macro dispersion and the possibility of sharp drawdowns en route to a higher peak. The bottom line of his thesis is unambiguous: the next stage of this cycle is fear-led, policy-fueled, and likely to exceed 2017’s magnitude. The difference, he argues, is psychological and structural. Where 2017 fed on retail euphoria, 2025–26 is animated by the defensive compulsion to preserve purchasing power and job relevance—“fear… is a much more potent driver of behavior than hope or even greed.” If his timeline holds, a taste in Q4, a shakeout on cycle debates, and a policy-catalyzed vertical in 2026 could define Bitcoin’s next act. At press time, BTC traded at $122,512. Featured image created with DALL.E, chart from TradingView.com
Bitcoin has shown renewed strength on the weekly timeframe by resuming a steady uptrend that began earlier in the year. After several weeks of ranging between $110,000 and $120,000, Bitcoin is now on intense momentum supported by institutional demand, which has led to a new all-time high in the past 24 hours. Interestingly, technical analysis of Bitcoin’s weekly price chart shows the cryptocurrency is gearing up for an explosion to $200,000. This projection is based on Bitcoin’s ongoing price behavior being an exact replica of Gold’s rally during the 1970s. Bitcoin Aligning With the 1970s Gold Rally An interesting technical analysis shared by Mikybull Crypto on the social media platform X details how Bitcoin’s price action on the 1-week and 2-week candlestick charts is following a path walked by Gold in prior decades. His latest post on X draws parallels between Bitcoin’s ongoing price behavior and Gold’s rally during the 1970s, an era that saw the precious metal surge massively. Now, it seems that Bitcoin is now mirroring that same macro setup and could be gearing toward a price explosion to $200,000 or higher. Related Reading: Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000 In one of the charts shared by Mikybull, Gold’s price action from the mid-1970s to 1980 is overlaid with Bitcoin’s multi-year trajectory. This Gold price chart shows a consolidation phase followed by a powerful breakout in the late 1970s. According to Mikybull, Bitcoin’s structure follows this trend almost perfectly. In his analysis, he noted that Bitcoin’s price is forming higher lows above a macro ascending trendline, the same kind of structure that preceded Gold’s explosive run. Gold’s third breakout wave (Wave 5) ushered in this run, and Mikybull projected that Bitcoin is now entering a similar phase, as shown by the blue ellipse in the chart below. Mikybull’s comparison also integrated the legendary Livermore Speculative Chart, which is an early 20th-century framework, to track Bitcoin’s behavior. Bitcoin’s price action on the weekly timeframe follows a structure labeled from one through ten, each level corresponding to phases in the Livermore Speculative Chart. Why Bitcoin Can Explode To $200,000 May Only Be the Beginning For Bitcoin As shown in the chart above, Bitcoin is currently trading around the 1.272 Fibonacci extension level below $125,000 and is playing out the eighth stage of Livermore’s speculative cycle. Current market trends point to Bitcoin advancing past the eighth stage at the 1.618 Fib level ($145,355) to then advance to the ninth stage of the cycle, which is just above the 2.618 Fibonacci extension level at $204,000. Related Reading: This Major Bitcoin Metric Just Made A New Low For The First Time In 6 Years, Is An ATH Above $130,000 Coming? After that lies the tenth stage, around the 3.618 extension at $262,000, projected to be the final peak of this cycle based on Livermore’s speculative cycle. At the time of writing, Bitcoin is trading at $121,450, having retraced slightly after its most recent all-time high of $126,080 on October 6. Featured image from Adobe Stock, chart from Tradingview.com
Bitcoin’s next leg higher sits inside a broader “everything, everywhere, all at once” bull market that echoes the 1950s more than the 1990s—and the underlying engine is fiat debasement that will continue to funnel monetary premiums into neutral reserve assets such as Bitcoin and gold. That is the core of veteran macro analyst and investor Mel Mattison’s thesis in a wide-ranging interview on Milk Road Macro published Monday, October 7. Mattison, a former fintech executive with 25+ years in finance, argues that investors are misreading the cycle by citing relationships from the 1970s and 1980s instead of the earlier regimes that rhyme more closely with today. “I actually think the most similar decade is the 50s,” he said, noting that the S&P 500’s average annual return then “was over 19%,” outpacing the 1990s. He described 2024–2025 as an “everything everywhere all at once rally… bonds, stocks, gold, Bitcoin, real estate,” driven by a multi-decade interest-rate cycle and a global “debasement trade” that has finally gone mainstream. “The scariest thing to me right now is that Morgan Stanley and Goldman Sachs are saying the same thing that I was a year ago.” Bitcoin And Gold To Dominate The Debasement Era Within that framework, Bitcoin plays the role of digital gold—one of two “neutral reserve assets” poised, in Mattison’s view, to absorb more monetary premium as the fiat system adapts to rising debt loads and geopolitical realignment. He framed the moment as a “gold war, not a cold war,” pointing to the steady build-up of official gold reserves and alternative settlement rails. Related Reading: Bitcoin Will Not Crash: Jeff Park Rejects Paul Tudor Jones’ 1999 Comparison “People do not understand… this is just getting started,” he said of the bull market in both gold and Bitcoin. While he sees gold as temporarily stretched near-term, he reiterated a long-horizon target in line with arguments from other macro commentators: “Do I think [gold is] going to $20,000 in the next 10 to 15 years? Yes, absolutely.” Bitcoin, he suggested, shares in that secular bid as the programmable counterpart: “Bitcoin I see as digital gold and that’s being accepted.” Mattison’s supercycle call rests heavily on policy architecture. He contends that markets are underpricing the US Federal Reserve’s statutory mandate to maintain “moderate long-term interest rates,” alongside price stability and maximum employment. “Under the statute, the FOMC has three distinct mandates… unemployment, price stability, and making sure that long-term interest rates are moderate,” he said, criticizing the idea that the third leg is secondary. In practice, he expects this to pull policymakers toward yield-curve control (YCC)–style interventions if needed to cap long-tenor yields and stabilize debt service. “There’s no way that they can let interest rates get out of hand,” he argued, adding that the Fed could halt quantitative tightening and significantly expand its balance sheet without necessarily reigniting 2021–2022-style inflation. “The Federal Reserve could… easily take [its balance sheet] to $20 trillion in the next decade without creating massive inflation,” he claimed, emphasizing that money-supply growth and velocity, not the level of public debt per se, drive sustained price pressure. That policy trajectory, in his telling, is inherently supportive of assets with monetary characteristics. He dismissed recurring fears over foreign selling of Treasuries: “When people talk about… China or Japan [selling], there’s no threat from that,” he said, arguing that domestic absorption—by banks, mutual funds, stablecoin balance sheets, or the Fed itself—can readily backstop issuance. Related Reading: Bitcoin STH Whale Profits Hit $10.1 Billion, Highest For The Cycle He called interest payments “stimulus,” preferring they recycle to US holders rather than abroad. In this setting, he believes index-heavy exposure will underperform active positioning in the new winners: “To me the big alpha is… in gold and bitcoin,” with emerging markets also benefiting from easier global financial conditions if YCC or related measures anchor US duration. Markets Can Go Much Higher For Longer Mattison’s historical lens also shapes his risk calendar. He likens the current mix of post-pandemic fiscal-monetary coordination and geopolitical fault lines to the period spanning World War II, the Marshall Plan, and the Korean War. He expects the rally to broaden beyond mega-cap tech as artificial intelligence redistributes value away from traditional SaaS moats, but he also flags a latent social-cohesion shock—an eventual phase when “not only do you want to reduce, you want to just get out of risk… even gold.” The timing, he said, is not imminent: “I honestly think that’s at least 12 to 24 months away at a minimum and possibly longer.” Until then, he urges investors not to underestimate how far markets—and Bitcoin—can run in a true bubble phase. “If you’ve never lived through [the late 1920s or late 1990s], you don’t understand what the markets can actually do,” he said. “In a bubble environment, which I think we’re heading into, it can go a lot higher and a lot quicker.” Why This Could Be the Biggest Bull Run Since the 1950s w/ @MelMattison1 Want to know how we survive $34T of U.S. debt? Mel makes the contrarian case for why debt isn’t the problem… and why interest payments could actually stimulate the economy. Tune in to know more ⏱ TIME… pic.twitter.com/TqZML1j9TZ — Milk Road Macro (@MilkRoadMacro) October 7, 2025 For Bitcoin specifically, the implication is straightforward in Mattison’s model: as long as the policy mix trends toward looser effective financial conditions to manage public debt and geopolitical competition channels settlement into neutral assets, BTC accrues monetary premium alongside gold. Near term he anticipates volatility—“very short term [gold is] due for… a rest,” he noted, implying risk for correlated trades—but the secular path, he insists, remains higher. “I’m not saying this time is different,” he said. “I’m actually saying this time is like all the other times”—just not within the living memory of most investors. At press time, BTC traded at $122,451. Featured image created with DALL.E, chart from TradingView.com
Arthur Hayes believes Bitcoin can double into year-end—and he says the catalyst is a White House blueprint to capture the levers of US monetary policy. In an appearance on The Rollup, the BitMEX co-founder sketched a path to $250,000 per coin predicated on what he calls a “secret weapon”: a rapid consolidation of control over the Federal Reserve (Fed) that would clear the way for aggressive credit creation, yield-curve engineering, and an eventual flood of fiat liquidity into digital assets. Trump’s Fed Plan Could Catapult Bitcoin To $250,000 Hayes’ $250,000 year-end Bitcoin call rests on a narrow but explosive thesis: Donald Trump can seize functional control of the Federal Reserve within months, trigger yield-curve control by executive-pressure and personnel power, and unleash a credit impulse that spills straight into crypto via stablecoins. The BitMEX co-founder framed the pathway not as conjecture but as institutional mechanics. “It just is math. I love math,” he said. At the center is the Fed’s architecture—two bodies, two vote thresholds, one choke point. Hayes recited the plumbing crisply. “There’s a Fed Board of Governors. There’s seven members on this board. All are presidential appointees confirmed by the Senate and simple majority wins. So you need four votes out of seven to control that board.” With that majority, the White House gains three levers at once: the interest rate paid on reserve balances and terms at the discount window; supervisory stance over bank regulation; and decisive influence over who runs the 12 regional Reserve Banks—because those presidents must be approved by the governors. Related Reading: Bitcoin STH Whale Profits Hit $10.1 Billion, Highest For The Cycle The second body, the FOMC, has 12 votes; seven governors and five district presidents. Stack sympathetic leaders at the districts and the tally follows. “By having four in the governors and seven of the FOMC you’re effectively controlling the central bank,” Hayes argued. Why, then, is Governor Lisa Cook “the final domino”? Hayes ties the timing to Stephen Miran’s recent dissent on rate policy among sitting governors. He contends Trump already has two aligned votes and a plausible third; Cook is the hinge for a fourth. In his formulation, mounting legal and political pressure could force her departure on a compressed calendar. “I think it’s before the end of the year,” he said, describing an “imminent” court determination related to a mortgage- or bank-fraud matter and the likelihood of a negotiated exit irrespective of guilt or innocence: “This is all politics… what is she going to get promised in the back end to step down and exit stage left?” If Cook leaves and a replacement sails through while the Senate math still favors confirmations, the Board majority flips. With four of seven, the administration can then approve or block district-president selections coming up on the two- and four-year rotation—“in every year that ended in a one and a five… all 12 district bank presidents are up for reelection,” he noted—giving a path to seven of 12 on the FOMC. Yield Curve Control And Liquidity The policy intent is explicit: steepen the curve and run the economy hot via regional banks—what Hayes calls “QE for poor people.” The operational tools start on the short end. A governor-aligned Board can cut the rate paid on excess reserves to pull down front-end benchmarks, cheapen funding for banks, and reopen the discount window with friendlier terms. Supervision can be eased to encourage loan growth outside the money-center complex. In parallel, an FOMC majority can direct the System Open Market Account to expand—classic balance-sheet policy—while rhetorically committing to pins on the curve. The template, Hayes says, is the 1940s. “A politician can declare exigent circumstances… there are so many things that [they] could use as an excuse… and therefore the Fed is justified in combining with the Treasury and fixing the money supply.” The effect is curve management, not just cuts: “They’re going to steepen the yield curve. And so steepening the yield curve is going to bring the near end down,” while longer maturities reprice around higher nominal growth and inflation expectations. Even if long rates fall from peak levels as policy eases, the slope widens, repairing bank net-interest margins and pushing credit creation into the “heart of America.” Related Reading: 99% Of Bitcoin Supply In Profit – What This Means For Price This is the bridge to Bitcoin. A steepened curve and looser supervision channel new lending through regional banks, raising the money multiplier and nominal GDP, and pushing inflation. “When the regional bank is lending… they’re creating this new loan… they need to hire more workers… and obviously inflation grows along with it,” Hayes said. Liquidity then leaks into Bitcoin through stablecoins he expects to proliferate under a dollar-hegemony strategy. First comes T-bill carry in tokenized dollars; next comes on-chain yield; finally comes speculation. “Once you have a stablecoin… now you’ve got a dollar bank account… I can make 10–15%… I’m still broke… I’m going to speculate,” he said, pointing to perpetuals venues as the ultimate release valve for global retail leverage. The price call follows from the plumbing. Hayes reiterated a “double into the end of the year” toward $250,000 if the personnel puzzle clicks—Cook exits, replacements are confirmed, district appointments swing, and the Fed’s balance sheet plus short-end levers are brought to heel. He also flagged the political clock: razor-thin Senate margins and the risk that a post-2026 Congress could block confirmations. “If Trump has anyone who needs to be approved… it better happen before then,” he warned, adding that Powell’s chair term ending in May 2026 could compound the realignment if the earlier pieces are in place. Hayes’ macro coda is stark: the debt arithmetic forces either inflation or explicit restructuring, and both are bullish for scarce assets. He even entertained revaluing US gold to book a trillion-dollar gain—an admission of dollar devaluation that he said would carry unknowable Treasury-market consequences. Either route, he insists, is hostile to bonds and supportive of Bitcoin. “At the end of the day, you don’t want to own bonds… you want to be selling dollars and owning a hard asset like Bitcoin or gold.” At press time, BTC traded at $124.468. Featured image created with DALL.E, chart from TradingView.com
While most eyes remain fixated on Bitcoin’s price swings and ETF inflows, the real revolution is unfolding quietly in its code. This silent evolution is redefining how value, contracts, and trust can operate on the leading secure blockchain. How Layer-2s Are Turning Bitcoin Into A Dynamic Ecosystem Bitcoin’s new all-time high (ATH) is dominating the timeline, but it’s not the real story. Under the surface of price charts and speculation, a quiet technological revolution is taking shape and could redefine BTC’s utility in the ecosystem. In an X post, High Tower revealed the real ATH is in the code, and the movement centers on BitVM2, an evolution of the original BitVM model. While some are watching the price, projects such as Fiamma are turning this concept into working code. Related Reading: Here’s Why The Bitcoin Price Crashed After Hitting $125,700 All-Time High At its core, BitVM was a concept that enabled complex computations to run off-chain using BTC only as the final arbiter. However, the system came with a catch, and it relied on a single verifier that had to stay online 24/7 to detect fraud, acting as a single point of oversight. If the verifier went offline or missed a dishonest move, the integrity of the system was compromised. BitVM2 fundamentally flips this model. Instead of depending on the verifier, it shifts the burden of honesty onto the prover. The prover doing the computation must continuously prove they are honest. If they cheat, that collateral can be claimed by anyone monitoring the chain. For the first time, on-chain proofs are not dependent on a single constantly online watchdog. This change unlocks the door to truly trust-minimized bridges and Layer-2 solutions on BTC that don’t rely on federations or wrapped assets. Instead, the system relies on economic incentives and on-chain fraud proofs. Thus, using native BTC in DeFi, not wrapped versions like wBTC, could soon move freely across DeFi systems, which is where projects like Fiamma Labs come in. Fiamma is building the first EVM-compatible layer on top of BitVM2, enabling smart contracts to run directly with BTC’s native security. Tower added that it’s too early to call this the endgame for Layer-2s, but architecturally, it’s a major leap forward. Where Bitcoin Could Catch Its Breath Bitcoin’s climb to new all-time highs has once again captured market attention. Crypto trader Lennaert Snyder has mentioned that the move isn’t as one-sided as it looks. While momentum remains strong, Bitcoin’s chart reveals significant liquidity pools to the downside. Related Reading: Bitcoin Bear Trap Over? Pundit Reveals Where The Market Is At Right Now According to Snyder, BTC’s recent breakout has left behind multiple support zones, represented as boxes on his chart, and two paths are likely from here. Either BTC holds these highs and continues to run, or BTC flushes out longs before a sharp reversal upward. The trader specifically highlights the $113,500 to $114,800 range as a key liquidity flush. Featured image from Getty Images, chart from Tradingview.com
Bitcoin supply on exchanges has hit a new low for the first time in six years, providing a bullish outlook for BTC. This comes as the flagship crypto continues to hit new all-time highs (ATHs), with the $130,000 target now in sight. Bitcoin Supply On Exchanges Hit Six-Year Low Glassnode data shows that the Bitcoin supply on exchanges has fallen to a six-year low of around 2.8 million BTC. The last time the BTC balance on exchanges was this low was in June 2019, when the flagship crypto was trading at around $8,745. This development confirms that investors are accumulating Bitcoin at an unprecedented pace. CryptoQuant data also confirms this development, with the Bitcoin exchange reserve currently at 2.5 million BTC, even lower than what is shown on Glassnode’s dashboard. This is bullish for the BTC price, as such massive demand usually precedes a major supply squeeze. Notably, this comes amid an increased demand from institutional investors, with the BTC ETFs recording $3.2 billion in weekly inflows last week, their second-largest since their launch last year. Related Reading: Bitcoin Price Still On Track To Hit $165,000, JPMorgan Analysts Reveal Timeline This comes as institutional investors move to Bitcoin as a safe-haven asset as part of the debasement trade during this period of uncertainty caused by the U.S. government shutdown. Thanks to the increased demand, BTC is already up 9% to start this month and rallied to multiple all-time highs amid the ‘Uptober’ rally. The Bitcoin price topped $126,000 for the first time ever yesterday and now looks on course to test the $130,000 milestone. With the massive demand from the BTC ETFs, there is the belief that the flagship crypto could hit this milestone this month. SoSo Value data shows that these funds took in $1.19 billion in net inflows yesterday, their highest daily inflow this year. BTC Could Break Above $130,000 Crypto analyst Titan of Crypto has suggested that Bitcoin is on track to make a new all-time high (ATH) above $130,000. He noted that BTC is testing the same trendline that rejected it a few weeks ago. However, this time around, the weekly MACD is crossing bullish, which could spark the rally above $130,000. His accompanying chart showed that a rally to as high as $140,000 was a possibility if the flagship crypto flips $130,000 into support. Related Reading: Bitcoin’s 2021 Playbook Shows The Final Price Target For This Bull Cycle Crypto analyst Mikybull Crypto also noted that Bitcoin is currently facing resistance around its current price level, making it a key level to watch. He added that a meaningful breakout above this level will send BTC to between $136,000 and $150,000. At the time of writing, the Bitcoin price is trading at around $124,500, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Bitcoin (BTC), the leading cryptocurrency, has made headlines this week by consistently breaking all-time highs, recently surpassing the $126,000 mark for the first time. However, the current price action has not only drawn attention from investors but also reignited discussions surrounding a notable prediction made two years ago. An anonymous user had forecasted that Bitcoin would achieve a peak on October 6, 2025—a prediction that came to fruition just yesterday. Potential New Bear Market Ahead Despite this milestone, Bitcoin has retraced to around $121,000 within hours after today’s record, leading to a wave of liquidations from long positions across various exchanges. This rapid price fluctuation has led many to speculate that the recent peak could potentially mark the cycle’s all-time high, suggesting that Bitcoin might soon enter a new bear market phase. Related Reading: Is A $10,000 Ethereum Price Within Reach? Here’s What Experts Are Forecasting Next The prediction made in December 2023 posits that if historical patterns hold true, the bear market low is expected to occur precisely 364 days later. This theory has gained traction amidst today’s volatility, with experts warning that a shift in market sentiment could be imminent. Market analyst Doctor Profit has recently cautioned that despite the current bullish trend, the market is entering a precarious phase. He noted that while there is a prevailing sense of euphoria, underlying financial indicators are signaling a potential liquidity crisis. Highlighting the current situation, Doctor Profit pointed to the Reverse Repo (RRP) market, which has plummeted from a peak of $2.2 trillion in mid-2022 to a mere $8–10 billion today. This decline raises concerns about the stability of interbank liquidity, suggesting that the financial system may soon face significant dislocations if the RRP continues to dry up. Historical parallels from 2018, 2019, and 2023 indicate that such liquidity issues often precede major market corrections. Moreover, US banks are reportedly grappling with approximately $395 billion in unrealized losses as of the second quarter of the year, putting additional pressure on their balance sheets. Expert Sounds The Bitcoin Alarm In the crypto space, recent trends reveal substantial inflows into exchange-traded funds (ETFs), with firms like BlackRock contributing over $1 billion in Bitcoin and $200 million in Ethereum just last week. However, Doctor Profit contends that the market’s broader liquidity picture remains concerning. While retail traders are expressing optimism about a “liquidity flood,” the expert cautions that the influx of cash into money market funds could actually drain liquidity from broader markets rather than enhance it. Related Reading: BNB Price Hits $1,240 Record High: Partners With Chainlink For On-Chain US Economic Data The current market environment is also characterized by a notable uptick in insider selling, according to the expert’s broader landscape analysis, in which executives are reportedly offloading shares at an unprecedented rate, even as retail investor inflows surge. The expert believes that this alleged market manipulation often signals a market cycle peak, creating what he believes “a highly toxic mix” that could have adverse implications for future price movements. In conclusion, Doctor Profit notes that the overall sentiment paints a bearish picture at a macro level. Both the crypto and stock markets are seen as being at an increased risk of entering a bear market after the fourth quarter. Featured image from DALL-E, chart from TradingView.com
Jeff Park, chief investment officer at ProCap BTC and an advisor to Bitwise, pushed back against Paul Tudor Jones’ latest warning that markets “feel exactly like 1999,” arguing that the macro regime of 2025 is structurally different from the dot-com era and, crucially, more supportive of Bitcoin. Park’s commentary followed Jones’ interview on CNBC, where the billionaire trader said the setup resembles the late-cycle blow-off that preceded the tech crash, even as he continued to praise Bitcoin as an asset with high appeal. Bitcoin Will Thrive, Not Crash In a X post, Park called comparisons to 1999 “lazy,” contending that the drivers of asset prices today are dominated by fiscal and monetary dynamics that bear little resemblance to the surplus-era, pre-QE backdrop of the late 1990s. “In 1999, markets were driven by private sector exuberance at a time with minimal fiscal drag—the US govt was actually running a budget surplus,” he wrote. “Today the markets are entirely influenced by massive fiscal spending and debt monetization as the US is obviously drowning in debt.” Park concluded flatly: “So no. To me it doesn’t ‘feel exactly like 1999’ at all. It feels like the opportunity of a lifetime for those who are prepared.” Park contrasted the Federal Reserve’s present posture with that of the Greenspan Fed at the height of the dot-com boom. “In 1999, Fed was raising rates, balance sheet was small, and there was no QE. In 2025, rates are declining, the balance sheet is massive, and we have more acronyms than we can count,” he said, arguing that abundant liquidity—now more globally synchronized—has become the defining feature of this cycle. He added that with the US Treasury General Account refilled, the world is “about to embark on a global liquidity binge.” Related Reading: Bitcoin STH Whale Profits Hit $10.1 Billion, Highest For The Cycle He further emphasized the presence of powerful cross-border feedback loops that did not exist 25 years ago, pointing to policy transmission and supply-chain realignments that tether US risk assets to the global economy. Park cited Japan as an example of how overseas policy can amplify liquidity conditions, referencing pro-stimulus signals from incoming leadership. On Monday, Japanese equities surged after Sanae Takaichi won leadership of the ruling LDP on expectations of ongoing fiscal support—an event markets read as another nudge toward accommodation. Park also drew a sharp distinction between the late-1990s dollar cycle and today’s macro hedging behavior, arguing that, unlike in 2000–2002, gold is now “literally on a tear with every sovereign actor playing the board.” On the day of his remarks, spot gold printed fresh all-time highs above $3,900 per ounce, a move widely attributed to safe-haven demand and expectations of further US rate cuts—context that underscores Park’s point about the current reflex to hard assets. Related Reading: Bitcoin UTXO Falls To Lowest Level Since April 2024 — What This Means For Price Where Jones sees echoes of exuberance that could end badly, Park sees a regime that channels liquidity into scarce, non-sovereign assets—bitcoin foremost among them. He argued that “in 1999 there was no bitcoin, social media, nor smartphones. In 2025, everyone around the world has an escape valve in their pocket,” a line that cuts to Bitcoin’s structural difference from dot-com equities: bearer settlement, programmatic issuance, and a growing base of global distribution that can be mobilized in real time. Paul Tudor Jones On Bitcoin Jones’ own stance on Bitcoin remains constructive even as he warns of a frothy tape. In his CNBC appearance, he said the environment “feels exactly like 1999,” invoking the Nasdaq’s parabolic move into March 2000, but he also reiterated the asset’s appeal—continuing a years-long thread in which he has described bitcoin as a powerful inflation hedge and “one of the fastest horses.” The split-screen—macro caution on equities, optimism on bitcoin—helped catalyze Park’s rebuttal that this cycle is “built for Bitcoin, not bubbles.” Notably, Park’s argument neither denies the possibility of sharp drawdowns nor guarantees a unidirectional path. Rather, it hinges on the composition of liquidity, the nature of fiscal dominance, and the behavior of hard-asset hedges in an era of heavy sovereign balance sheets. Gold’s concurrent breakout, Japan’s policy bias toward stimulus, and investors’ hunt for non-dilutive stores of value all feed his core contention that 2025’s setup “is nothing like 1999”—and that Bitcoin, more than the dot-com darlings of yesteryear, is positioned to be the principal beneficiary. At press time, Bitcoin traded at $124,024. Featured image created with DALL.E, chart from TradingView.com
With the latest rally to a new all-time high above $125,700, the Bitcoin price looks to have begun another path that could lead to multiple new all-time highs. At this time, market sentiment has moved back into the positive, and this continues to show in the way the price has held above $120,000 despite the corrective dips. Crypto analyst CrediBULL Crypto believes that this means that the Bitcoin price is set on its path to $150,000, so this report takes a look at the breakdown. Why The Bitcoin Price Is Headed To $150,000 And The Best Time To Buy In the analysis that was shared with over 478,000 followers on the X (formerly Twitter) platform, CrediBULL Crypto highlights the recent move that saw the Bitcoin price hit a new all-time high. According to the analyst, the fact that it was an impulse move led to this all-time high is bullish, and shows that the cryptocurrency is ready for the next leg-up that will lead it to $150,000. Related Reading: Bitcoin’s 2021 Playbook Shows The Final Price Target For This Bull Cycle Naturally, there have been pullbacks when the Bitcoin price has retested the $121,000-$122,000 zone. However, the price has held up, and most especially, it is well above $108,400, which was the start of the impulse wave. Given that this level was the bottom that began this recent move, the Bitcoin price remains bullish as long as it continues to trade above it. This also drives into the fact that there are particular areas of interest from here that would make for a good entry point. The crypto analyst points out the next demand zone that is lying firmly between $108,000 and $118,000, due to how the last move began and played out. CrediBULL Crypto explains that for the crypto traders who had shorted the move between $108,000 and $118,000 and are now stuck with underwater bags, a return to this zone would create a strong area of demand. This is because these traders would be looking to close their underwater positions or possibly refill their positions at these levels. Either way, the outcome is the same: it would create a lot of demand at this level, making it a potential area for a bounce. Related Reading: XRP Ready For Bullish Pop As Important Technical Signal Reappears Going by this logic, if the Bitcoin price does retrace back anywhere between $108,000 and $118,000, then it would be an ideal time to buy. “Dips into that zone of 108-118k are a blessing if we get them- and if not, well then enjoy the ride to 150k,” the analyst stated. However, this depends entirely on the Bitcoin price holding above the $108,400 start point. If the price were to fall below this level, then it is possible it would invalidate this bullish thesis and trigger more sell-offs once again. Featured image from Dall.E, chart from TradingView.com
Bitcoin’s wonderful rally to a new all-time high of $125,700 on Sunday was met almost immediately by a sharp correction. This sudden pullback, which is expected given the all-time high, saw Bitcoin break below $123,000 in less than two hours after the new record. Interestingly, on-chain data shows a notable increase in whale activity during and after the all-time high to and from exchanges. One such example is a massive $200 million Bitcoin transfer into Binance, a move that appears to have been a calculated profit-taking action by a whale address. Whale Profit-Taking Contributes To Selling Pressure Shortly after Bitcoin hit its record high, blockchain data first revealed by whale transaction tracker Whale Alert on X shows that a whale address identified as “3NVeX” transferred a total of 1,550 BTC, worth nearly $200 million, to Binance in two separate transactions. The first transaction involved the transfer of 800 BTC worth $100 million, followed by another transfer of 750 BTC worth $93.7 million. Related Reading: Bitcoin Price Still On Track To Hit $165,000, JPMorgan Analysts Reveal Timeline The timing of these transfers coincided almost perfectly with the recent price top, and the whale most likely sold into the rally. Once the transfers were completed, the wallet held only about 0.1 BTC, meaning the whale had sold off most of their holdings. According to data from whale transaction tracker Whale Alert shared on X, the number of large Bitcoin transfers to and from exchanges has increased notably over the past few days. Several multi-million-dollar transactions, each exceeding $10 million, have been spotted moving between private wallets and major trading platforms such as Binance and Coinbase. Another notable example is the transfer of 401 BTC worth $50.2 million from an unknown wallet address “1Jip8s” into Coinbase Institutional. Not long after, 401 BTC were sent from an unknown wallet “1E8p4n” into Coinbase Institutional in another separate transaction. Altogether, the sudden wave of high inflows across multiple platforms paints a clear picture of whales locking in profits after Bitcoin’s all-time high. Bitcoin Price Outlook Bitcoin’s price quickly slipped below $123,000 following the whale-triggered selloff, before rebounding to around $122,530. The pullback was relatively modest compared to previous all-time highs, but it nonetheless served as a reminder of how easily large holders can influence price action. Related Reading: Bitcoin Bear Trap Over? Pundit Reveals Where The Market Is At Right Now Despite the brief downturn, the correction may prove healthy for Bitcoin’s rally. It allows overheated momentum to cool off and sets the stage for a more sustainable advance once selling pressure eases. Data from Whale Alerts shows cases of millions of dollars worth of BTC also leaving crypto exchanges for private, unknown wallets. At the time of writing, Bitcoin is trading at $123,380. As long as Bitcoin maintains support above $120,000, its long-term outlook remains bullish, and it may as well create a new all-time high before the week runs out. This also depends on how well Spot Bitcoin ETFs perform this week. Featured image from Pixabay, chart from Tradingview.com
While the Bitcoin price seems to have deviated completely from the four-year cycle that dictated the previous bull and bear markets, there are still some similarities that remain that suggest that it could still play out in a similar way. The major similarity that has emerged is the formation of a bearish crab pattern back in 2021, and now, the same pattern has reappeared. Thus, taking a look at the direction of the 2021 formation could give an insight into where the Bitcoin price is headed next from here. The Pattern That Triggered The Bitcoin Price Explosion In an analysis, crypto analyst Weslad was the one who pointed out that the Bearish Crab Pattern had returned, and this was formed on the daily chart as well. Interestingly, the current formation looks eerily similar to the way it formed back in 2021, suggesting that the resulting trend could play out the same. Related Reading: Key Price Breakout Sets Dogecoin On 153% Rally To Clear $0.65 – Details Back in 2021, when the Bearish Crab Pattern came up, the result was a price explosion that sent the Bitcoin price toward its $69,000 all-time high. This “Blow-off top” rally is usually the last rally in a bull market, and its end often signals the start of the next bear market. With this pattern, though, there are a number of targets to watch out for that could show where the price is headed next. The first of these is that the Bitcoin price would need to complete a daily close above the $124,545 level, and this is known as the Activation Trigger. Next in line is what Weslad refers to as the “Buy The Dip Zone”. This would be the ideal price range to enter Bitcoin in the case of a retrace, and this lies between $118,000 and $120,000. A dip toward these levels is nothing to worry about, as it means that the bulls are still in control. Related Reading: Dogecoin Face-Melting Rally: This Bullish Impulse Will Send Price Toward $0.8 ATH Both of the zones outlined above, if held, would see the Bitcoin price continue its bullish rally. If the final, explosive leg does play out as it did back in 2017-2021, then the Crab pattern suggests that the Bitcoin price will at least go to $136,000, with an extended target of $147,000, and the possibility that it goes further toward $160,000. However, the final target is the bearish one that could send the Bitcoin price crashing back downward, and it lies at $107,000. According to the crypto analyst, a break below this level would invalidate the entire bullish thesis, calling it the “line in the sand.” Weslad explains that “The invalidation level at $107K is crucial. A break below there means the setup is broken, and we must re-assess.” Featured image from Dall.E, chart from TradingView.com
According to the latest on-chain data, Bitcoin has been witnessing an interesting change in its holder behavior, further intensifying the bullish speculation in the market. Bitcoin UTXO Count Declines As Price Surges In a Quicktake post on CryptoQuant, market analyst CryptoOnchain revealed that long-term Bitcoin investors seem to be changing their investment strategy by increasingly holding on to their coins. This on-chain observation is based on the Bitcoin UTXO Count metric, which tracks the total number of individual unspent transaction outputs on the blockchain. Related Reading: Bitcoin Breaks $123,000 As Rising Open Interest Signals More Action Ahead For context, an unspent transaction output is an amount of a cryptocurrency (in this case, Bitcoin) that has been received by an address, but has not yet been used as input for a new transaction. CryptoOnchain shared that this on-chain metric has been on a steady decline since January 2025. In the post, the crypto analyst pointed out that the UTXO count recently reached about 166.6 million, the lowest point seen since April 2024. Since the Bitcoin UTXO reached a peak of approximately 187.5 million in January, it has witnessed a contraction of up to 11% — an event which CryptoOnchain interprets as a clear sign of network consolidation. Interestingly, this decline seen with unspent transaction output contrasts with Bitcoin’s price action. While the UTXO has maintained a steady bearish structure, Bitcoin’s value has continued to ascend. The flagship cryptocurrency saw a price growth from about $99,000 to its current market price of around $122,000. This “inverse relationship” is one that the online pundit explained to be a “classic hallmark of a maturing market.” Why The Decline And What To Expect A decreased UTXO count could be a result of several underlying factors, including that long-term holders are choosing to hold their coins rather than selling for profit. Owing to this “hodling” behavior, it can be said that the market is starting to gain maturity. Also, CryptoOnchain explained that low UTXOs could indicate reduced transactions within the Blockchain. By extension, this could mean that fewer sales are going on, which translates to reduced selling pressure on price. Also, a lower UTXO count points to increasing network efficiency. As users aggregate smaller UTXOs into larger ones, they optimize the blockchain space, leading potentially to a less congested network. Ultimately, the simultaneous decline in Bitcoin’s UTXO and its price increase paints an exciting picture for the cryptocurrency’s future. This combination signals that the premier cryptocurrency is at a reaccumulation phase, meaning that investors are strategically positioning themselves in expectation of the next significant upward move. As of this writing, the price of BTC stands at about $122,720, showing an over 1% growth in the past day. Related Reading: Bitcoin Faces Key Levels: $125k Resistance Vs $118k Support – Details Featured image from iStock, chart from TradingView
The price of Bitcoin made a dreamy start to the last quarter of the year, beginning the historically bullish month of October with a reclaim of the $120,000 level. After over a month of choppy price action, the world’s largest cryptocurrency seems to be resuming its bullish uptrend. With the price closing in on its all-time high price above $124,000, investors will be looking to see how far and long the premier cryptocurrency can go in the latest leg up. According to an on-chain analyst on social media platform X, the price of BTC could rise as high as $160,000 in the current run. Why A Break Above $128k Is Critical To BTC’s Bull Run In an October 3 post on X, crypto analyst Axel Adler Jr. put forward a $160,000 target for the Bitcoin price at the start of next year. According to the online pundit, the sustained progression of BTC’s price action to this unprecedented high hinges on two primary conditions, or two price levels. Related Reading: Ethereum Price Forecast: Expert Predicts Final Impulse Wave Targeting $18,000 This bullish analysis revolves around the historical price performance of Bitcoin following the halving event. Typically, the halving event is viewed as a catalytic event that triggers long-term price rallies for BTC, as it involves slashing by half the volume of the premier cryptocurrency created at a time. As observed in the chart above, the scenario-based model shows through a trend-based forecast that each halving cycle produces an exponentially higher peak for the Bitcoin price. According to this model, the price of BTC printed a post-halving peak around $57,000 following the 2020 event, beating the previous high of $4,250. Adler Jr. revealed that the Bitcoin price could head for $160,000 after the 2024 halving event, which saw miner rewards fall from 6.25 BTC to 3.125 BTC. However, for this rally to be confirmed, the first condition is that the flagship cryptocurrency will need to break above the $128,000 and hold above this “base” level on multiple weekly closes. In the second condition, the on-chain analyst shared that Bitcoin’s upward movement toward the $160,000 mark could be at risk of invalidation should the price fall below the $102,000 level. According to Adler Jr., a breakdown beneath this level could lead to a quick scenario reset, potentially changing the target or overall trend for the Bitcoin price. Ultimately, the price action of BTC in the short term is one to look out for, as the market leader looks to reclaim its current all-time high. Moreover, a break above the record-high price could clear the path for Bitcoin to reach the ‘base” level of $128,000. Bitcoin Price At A Glance As of this writing, the price of BTC stands at around $122,710, reflecting a 2% jump in the past 24 hours. According to data from CoinGecko, the top cryptocurrency is up by more than 12% in the last seven days. Related Reading: Bitcoin Price Nears Record Levels, Predictions Point To $140,000 By Early 2026 Featured image from iStock, chart from TradingView
As the Bitcoin price approaches record highs, recently surpassing the $121,000 mark, analysts are increasingly optimistic about the cryptocurrency’s trajectory for October, often termed “Uptober.” According to the analysis team at The Bull Theory, there’s a possibility that the Bitcoin price could reach as much as $143,000, meaning a potential surge of nearly 20% for the rest of the month. Bitcoin Price Poised For October Rally Such projections may seem ambitious, but historical data supports the notion that October has consistently been one of Bitcoin’s strongest months. Over the past 12 years, BTC has closed in the green during October in 10 of those years, and the correlation between strong performances in September and October is noteworthy. Following a positive September—where the Bitcoin price recently posted a gain of 3.91%—the stage appears set for another fruitful October. Bitcoin has an impressive October win rate of 83%, having only recorded losses in the month twice since 2011. Related Reading: Ethereum Price Forecast: Expert Predicts Final Impulse Wave Targeting $18,000 In 2014, the cryptocurrency fell by 12.95%, and in 2018, it dropped by 3.83%. This remarkable track record highlights October as one of the most profitable months for Bitcoin holders, with an average return of 20.62%. The pattern remains consistent: every time September has closed positively, October has followed suit. Historical data from previous years shows that a green September often leads to substantial gains in October. For instance, in 2015, the Bitcoin price rose by 33.49% after a September increase of 2.35%. Similarly, in 2023, a 3.91% gain in September translated to a substantial 28.52% increase in October. Could BTC Reach $150,000? The bullish sentiment doesn’t end there. In four out of four instances where both September and October closed positively, November also maintained the upward trend. The data showcases consistent gains: in 2015, November saw a 19.27% increase following a strong October. If Bitcoin were to replicate its historical average return of 20.62% this October, a price point around $143,539 could be on the horizon. Even if it aligns with the median return of 14.71%, investors could see new records reaching just above $136,000. Related Reading: Bitcoin Price Nears Record Levels, Predictions Point To $140,000 By Early 2026 Market expert Michael van de Poppe has also chimed in on the bullish outlook for the Bitcoin price. He noted several strong technical indicators, including BTC’s ability to hold the 20-week moving average as support, breaking through a downtrend at $112,000, and positioning for the highest weekly close in its history. Recent performance has seen a robust 11% weekly candle, further fueling optimism. Additionally, with gold experiencing a significant run, the expert suggests that the Bitcoin price appears poised to catch up. Van de Poppe has expressed confidence that, if current trends continue, the market’s leading cryptocurrency could not only hit $150,000 this quarter but also achieve a new all-time high within the month. When writing, BTC trades at approximately $121,669, only 2% below all-time high levels above $124,000. Featured image from DALL-E, chart from TradingView.com
The vision of Bitcoin absorbing the world’s entire capital float is a compelling narrative, yet it runs headlong into a significant technical constraint. Bitcoin will not realize this massive potential unless mechanisms are created to move and utilize capital directly on its network. Why Bitcoin Can’t Absorb Global Wealth Overnight Analyst BRITISH HODL presents a powerful thesis on BTC’s role, arguing that its impact extends far beyond its own valuation, fundamentally changing how global capital is allocated. In an X post, BRITISH HODL stated that while BTC aims to absorb global capital, this is conditional, and BTC will not capture all of the capital flow on earth unless it is redirected onto the BTC network. Related Reading: No Accident: The Powerful Factors Behind Bitcoin’s Late-September Rally However, as BTC becomes more widely understood, capital will become extremely sensitive, and only the highest quality equities will attract capital. This is simply an existing, long-term trend, evidenced by the dominance of a select few, such as the Magnificent Seven (Mag7) stocks in traditional markets over the last 30 years. Bitcoin intensifies this trend because it provides a highly accessible and transparent standard for risk-free returns. As the risk hurdle rate increases, investors are no longer satisfied with marginal gains from poor-quality assets. The consequence of this will be a significant market cleaning and a lot of concentrated value-creating innovation as companies are forced to deliver exceptional performance to earn capital. Meanwhile, there will be a very fast turnover of terrible companies as BTC’s value proposition becomes increasingly understood by investors. BRITISH HODL makes it clear that in a BTC-dominant era, you must outperform BTC on a risk-adjusted basis to capture any capital. The Growing View Of Bitcoin As An Alternative Money Billionaire investor Ray Dalio, founder of Bridgewater Associates, maintains a balanced yet skeptical view of Bitcoin, acknowledging its growing influence while pointing out fundamental flaws that will prevent its ultimate adoption by nation-states. Related Reading: Bitcoin Adoption Expands As Ohio Approves Vendor For State Cryptocurrency Payments Dalio starts by stating that while he can’t say exactly how effective BTC is as a money, the fact that it’s being perceived by many as an alternative money is worth paying attention to. He frames the utility of any currency as both a medium of exchange and a store of wealth, emphasizing that the latter is more important. Despite its revolutionary technology, Dalio highly doubts that any central bank will take it on as a reserve currency. However, since all of the transactions are public, there is no privacy, which is unacceptable for sovereign entities managing vast financial operations. As a result of the risk in the future, the code could be broken to make it less effective through government controls. The expert confirms that he does have some BTC in his portfolio, though not a significant amount. Featured image from Pixabay, chart from Tradingview.com
After months of uncertainty and sideways trading, fresh technical analysis suggests that Bitcoin (BTC) may have finally exited its bear trap phase. A leading crypto pundit indicates the market has entered a classic cycle of emotions, transitioning from fear to optimism. If this trend continues, the next phase could spark a major rally, with altcoins set to explode. Bitcoin Bear Trap Ends, Altcoins Next Crypto analyst Ardizor posted on X social media on Wednesday that Bitcoin has officially reached the end of its bear trap stage. He argued that the recent downturns were not signs of further collapse but a final shakeout before the next stage of the cycle. Related Reading: Analyst’s Prediction Plays Out As Bitcoin Price Rebounds, Here’s The Full Forecast To support his view, the crypto expert shared a chart illustrating the classic psychology and emotional transitions of a market cycle. From early momentum building to euphoric peaks and painful capitulation, the chart identifies where traders currently stand in the market. Ardizorn’s chart also emphasized that the declines and false breakdowns that rattled investors and caused extreme fear in recent weeks have concluded, and now, the market is at the stage of “renewed optimism.” Interestingly, this shift has led the analyst to believe that altcoins could soon start outperforming as traders rotate their capital from BTC. Based on this trend, Ardizor boldly predicts that altcoins will explode next, with many potentially reaching new all-time highs. His outlook is reinforced by another market analyst, Mister Crypto, who argues that September was merely a bear trap for Bitcoin, and that October, often dubbed “Uptober” in trading circles, will spark a new bullish phase, with altcoins poised to outperform dramatically. Adding further weight to the bullish case, crypto expert Jelle pointed out that both of Bitcoin’s last two cycles lasted exactly 1,064 days. If history repeats, the current cycle could peak around October 27, giving altcoins extra room to perform strongly into late November. Altcoin Season On The Horizon With the broader altcoin market already recovering from past declines, market analyst Chiefy paints a similarly bullish picture for these assets in 2025. His chart demonstrates a series of breakouts, each marking a significant surge in altcoin valuations relative to Bitcoin. According to the crypto expert, altcoins could reach their breakout stage on October 5, ushering in what he calls “the biggest altseason in history.” Related Reading: Expert Says ‘The Time Has Come’, What Could Drive The Next Explosive Altcoin Season The analyst’s chart highlights past breakout points that have multiplied prices by 120x, 175x, and 150x, with the next stage projected to reach as high as 200x. This exponential growth pattern mirrors what traders witnessed in previous cycles, reinforcing the idea that the crypto market trends to rhyme, if not repeat. Chiefy has stated that the unfolding altcoin season could push prices to new ATHs and deliver massive opportunities for traders. He highlighted that, after months of consolidation and endless shakeouts, the market momentum has officially shifted toward a clear uptrend phase, with low-cap cryptocurrencies poised to kick off rallies. According to him, back in 2017 and 2021, traders who accumulated altcoins in this stage saw life-changing gains. Featured image from Pixabay, chart from Tradingview.com