Bitcoin Price Hits $121,000, All-Time Highs Up Next?

Bitcoin rose previous $ 121,000 at this time and pushed to his all-time excessive when the fourth quarter of 2025 began with renewed momentum for Bitcoin.

The rally follows a robust end in September, when Bitcoin received round 5% to shut round $ 114,000 – a model that considerably outlined Bitcoin’s status for seasonal weak spot.

Traditionally, when September completed within the Inexperienced, Bitcoin has typically continued with an enormous win of the fourth quarter. Information from Bitcoin Journal Professional present that in years corresponding to 2015, 2016, 2023 and 2024, the fourth quarter of rallies are on common greater than 50%.

That seasonal development has already earned the nickname “Uptober” amongst merchants. Since 2015, the month has yielded common revenue of 21.8%, with one other 10.8percentadding.

If historical past rhymes, Bitcoin could be on schedule to erase $ 150,000 earlier than the top of the yr.

Bitcoin of all time coming excessive?

Based on Bitcoin Journal Professional Information, Bitcoin has climbed Nearly 3% in 24 hours, from round $ 117,500 to only over $ 121,000. Prior to now month, Bitcoin has achieved a revenue of greater than 9%, risen from round $ 110,700.

On an annual foundation, Bitcoin has yielded a return of 27%, which underlines the resilience in wider markets regardless of steady volatility.

With the costs now lower than 3% away from the all time of greater than $ 124,000, it appears that evidently the stage is ready for an outbreak when shopping for strain continues.

Bitcoin’s Bullish Momentum

This latest wave when conventional financial statistics got here to the closure of the US authorities inside midnight after the congress had not adopted a financing account. With Wall Avenue below strain and financial information that’s now being deserted, buyers flowed to onerous property.

This yr’s revenue, it additionally constructed on the Halveing ​​Occasion of April, which lower the brand new Bitcoin inventory in two – a milestone that historically precedes a substantial upward strain on the worth. On the identical time, vital liquidity alerts blink inexperienced.

International M2 cash quantity of development, stablecoin outsourcing and a rally in gold – that Bitcoin has typically adopted with a delay – all level out to strengthen the demand.

This week Citigroup analysts set a 12-month projection for Bitcoin at $ 181,000, with strong influx that would attain $ 7.5 billion in December.

“We’re extra constructive on Bitcoin in comparison with Ether, as a result of it data an excessive amount of of the incremental flows in cryptom markets,” wrote Citi analysts, including {that a} friendlier regulatory atmosphere Momentum might retain in 2026.

With Bitcoin already logging in in 2025 in 2025, the fourth quarter now looms as a decisive piece.