Bitcoin’s Uptober Hangs in the Balance: Can BTC End the Month in the Green?

 Bitcoin’s Uptober Hangs in the Balance: Can BTC End the Month in the Green?


As October winds down, Bitcoin clings to modest gains, up just 1.14% for the month, keeping traders on edge about whether “Uptober” will hold true. Historically, October has delivered for Bitcoin—green in 10 of the past 12 years with average returns above 20%.


After surging past $123,000 early in the month, BTC dipped to $107,000 before rebounding to around $115,500. Supportive market factors—record S&P 500 highs, expectations of a Fed rate cut, and easing U.S.-China tensions—are fueling optimism. Meanwhile, three straight days of spot Bitcoin ETF inflows suggest growing institutional confidence as Uptober’s finale approaches.

Comments

Post a Comment

Popular posts from this blog

Coinbase Global Expands

Image
Coinbase Global Expands **Coinbase Global Expands Investment in India’s CoinDCX to Tap Growing Crypto Market** Coinbase Global has deepened its commitment to India’s cryptocurrency ecosystem through a fresh investment in CoinDCX, one of the country’s leading crypto exchanges. This move builds on earlier backing by Coinbase Ventures, the venture capital arm of the U.S.-based crypto giant. In April 2022, Coinbase Ventures took part in a $135 million Series D funding round for CoinDCX, which gave the Indian exchange a post-money valuation of $2.15 billion. This strategic investment marked a significant milestone for CoinDCX and reflected growing global interest in India’s digital asset space. As of July 2025, CoinDCX reported annualized group revenue of approximately $141 million and held over $1.2 billion in assets under custody. These figures highlight the platform’s robust growth and rising influence in India’s rapidly evolving cryptocurrency sector. Shan Aggarwal, C...
Read more

CryptoQuant Says Bitcoin Price Could Hit $160,000–$200,000 in Q4 if Demand Keeps Growing

CryptoQuant Says Bitcoin Price Could Hit $160,000–$200,000 in Q4 if Demand Keeps Growing Quick Take: CryptoQuant highlights strong demand fueling Bitcoin’s Q4 outlook. Bitcoin could rally to $160,000–$200,000 by year-end 2025. ETFs, whales, and growing liquidity drive bullish momentum. Bitcoin has entered Q4 2025 with favorable conditions for a major rally, according to on-chain analytics firm CryptoQuant. The company projects that Bitcoin’s price could surge into the $160,000–$200,000 range by the end of the year if current demand trends persist. Rising Bitcoin Demand Since July, spot demand has been accelerating, with an average monthly increase of over 62,000 BTC. CryptoQuant notes that similar demand patterns were observed before strong Q4 rallies in 2020, 2021, and 2024. This consistent accumulation signals that institutional and retail investors remain confident in Bitcoin’s long-term growth. Whale & ETF Activity Whale wallets are accumulating Bitcoin at an annual pa...
Read more

Why $71B Bitcoin Giant Strategy Still Bets on BTC Hitting $150K in 2025

  Why $71B Bitcoin Giant Strategy Still Bets on BTC Hitting $150K in 2025 Despite Bitcoin’s pullback from its October high above $126,000, Strategy co-founder Michael Saylor remains confident the cryptocurrency will reach $150,000 by year’s end. Speaking at the Money 20/20 conference in Las Vegas, Saylor cited lower volatility and a maturing market as key drivers. “Bitcoin is grinding upward,” he said, adding that increased derivatives and hedging tools are stabilizing prices. Currently trading around $111,000—up 54% year over year—BTC still has massive upside, according to Saylor, who envisions $1 million coins within eight years and $20 million over two decades. Strategy, holding over $71 billion in Bitcoin, continues to buy regardless of price, with Saylor calling the past year the strongest in crypto’s history. Shares of Strategy (MSTR) closed at $275.36, down 3.26% but up 11% over the past year.
Read more