Bitcoin surpassed $121,000, pushing it towards its record high. As the fourth quarter in 2025 began with renewed momentum, Bitcoin has surged to a new all-time level.
The rally follows a strong September finish, when Bitcoin gained about 5% to close around $114,000 — a performance that somewhat defied Bitcoin’s reputation for seasonal weakness.
When September ends in the black, Bitcoin usually posts outsized gains during the fourth quarter. Statistics from Bitcoin Magazine Pro shows The average rally in the fourth quarter of years 2015, 2016, and 2023 & 2024 was over 50%.
The month of October has been nicknamed “October” for this seasonal trend. “Uptober” Traders are a popular group. In November 2015, gains averaged 21.8%.
Bitcoin is on the right track to clearing $150,000 in the next 12 months if the past repeats itself.
Coming Bitcoin All-Time High?
Bitcoin Magazine Pro has data that shows Bitcoin has climbed Nearly 3% in just 24 hours. From around $117.500, to just above $121,000. Bitcoin’s value has increased by more than 9 percent in the past month. It was around $110 700.
Bitcoin’s performance year-to date has been 27% higher than the broader market, highlighting its resilience in spite of ongoing volatility.
Prices are now only 3% off the record high price of more than $124,000. If the buying pressure is maintained, the scene looks set for an explosive rise in prices.
Bitcoins’ bullish momentum
The latest wave of terrorism began as traditional economic metrics reeled The U.S. shutdown began at midnight, after Congress failed pass a bill to fund the government. Wall Street is under pressure, and now that economic data are on hold investors have flocked towards hard assets.
The gains for the year also build on April’s halving event, which cut Bitcoin’s new supply in half — a milestone that has historically preceded significant upward pressure on price. During the same period, important liquidity indicators flash green.
Global M2 money supply growth, stablecoin issuance, and a rally in gold — which Bitcoin has often tracked with a lag — all point to strengthening demand.
Citigroup analyst this week set a 12-month projection Bitcoin is valued at $181,000 and a robust inflow of $7.5 billion could be reached by December.
“We are more positive on Bitcoin compared to Ether, as it captures an outsized portion of incremental flows into crypto markets,” Citi analysts noted that the positive momentum could continue into 2026 if a more favourable regulatory environment is maintained.
Bitcoin is already at record levels in 2025. This means that the final quarter of this year will be a crucial one.
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Source: bitcoinmagazine.com
