Bitcoin surged On Monday, bitcoin surpassed $114,000 and extended a rally which has defied the usual weakness of September. This move follows a brief test of support at $107,000 in early September, but then a rebound.
This is the strongest month for bitcoin since 2012 with a gain of roughly 8%. Technical traders note that BTC has broken out of a descending wedge formation on the short-term charts — a bullish setup that, if confirmed, could open the door to a push toward $120,000.
This is due to the historically low level of volatility. Bitcoin traditionally underperforms during September and then surges through October, November, and December.
Bitcoin’s performance in the third quarter has been behind that of its competitors, despite this breakout. BTC gained 7% during Q3 of 2025, while Ethereum gained 68% rally over the same period.
Eric Trump believes that Q4 of 2017 will be a record-breaking quarter. “unbelievable”
Eric Trump, the executive vice president and crypto enthusiast of The Trump Organization as well as the Trump Organization’s executive vice-president has commented on Bitcoin’s recent rally.
You can also find out more about the following: recent interviewsTrump urged investors to purchase now, as he reiterated the bold price goal of $1 million.
“Volatility is your friend. Buy right now. Shut your eyes. Hold it for the next five years,” Trump said.
Trump said that a global money easing program and an increase in the amount of money will eventually propel bitcoin higher. The president also cited seasonality and noted that the fourth quarter has traditionally been Bitcoin’s most profitable, with average gains of around 85%.
Please note: echoed his August appearance At a Bitcoin Conference in Hong Kong, he explained to attendees that Bitcoin is a currency. “We haven’t even scratched the surface.”
Trumps’ comments coincide with the expansion of their crypto and bitcoin ventures in the last year. Eric Trump Donald Trump Jr. co-founded American BitcoinHut 8, a company that controls about 20%, is a mining firm in which Trump’s siblings own a small percentage. This firm has recently received $220 millions in funding, and plans to go public on the Nasdaq by September through its merger with Gryphon.
Bitcoin to $200 000 this year?
Historically, the fourth quarter has delivered some of bitcoin’s biggest rallies — averaging gains of about 85% between 2013 and 2024. Market data shows that the recent years have followed a similar pattern. Bitcoin surged 57% in Q4 2020 and 48% in Q4 2030.
In previous bull cycles, these moves have been even more dramatic. Q4 2017, for example, saw an increase of 215%, while Q4 2020 was up 168%. Both sets the stage to massive rallying.
Tom Lee, Fundstrat’s Tom Lee reiterated Prediction markets are still predicting a very small chance of him reaching his $200 000 target by 2025. hitting that milestone By the end of the year
With the Federal Reserve, it appears that monetary policies are becoming more supportive. cutting interest rates, risk assets — including crypto — could be poised for another late-year rally.
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Source: bitcoinmagazine.com
