Bitcoin is testing 3 month highs

(edited)

Never underestimate BTC

Pushing higher BTC has bounced back to nearly $123k, all time high territory if you ask me. The 3mo high is $124,517, which is only a couple bucks away.

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https://bitcointicker.co/stamp/btc/usd/3Mth/

How high will BTC rise in October 2025? I have wondered, as September tested lows of $108k, but statistically you should always buy BTC in September.

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https://bitcointicker.co/stamp/btc/usd/30days/

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https://www.bitget.com/trading-bot/spot/BTCUSDT

These daily candles look dramatic, but the further you zoom out, it just looks like one big green candle to me. It bounced right off the 'Bear of No Return' line at 108,605 and smashed through the 'Bearish' yellow line, higher than the July 2025 tops. What does this suggest for BTC, support at 120k?

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The selling this summer really does just feel like buy orders closing, there has barely been a correction since 2020 so I suspect BTC could still have a long way to go. Don't underestimate what Bitcoin can do unexpectedly.

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https://www.tradingview.com/symbols/BTCUSDT/?timeframe=60M

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https://www.bitget.com/trading-bot/spot/BTCUSDT

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It looks like some of my emoji predictions here worked out, but I am not a trader, I don't have the capital for that kinda wam bam "pit pat piffy wing wong wang just like that and make a millino bucks", but I should buy some more BTC.

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https://charts.bitbo.io/stock-to-flow/

With only 919 days left until the next halving, April 10th 2028, and 414,000 of the last 1,070,250 BTC to be mined are being generated between now and then, 450 BTC each day. After the halving, just 225 BTC will be created daily, and stock to flow will be in a new cycle searching for equilibrium.

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https://bitcointicker.co/stamp/btc/usd/12hr/

This morning Bitcoin is trading around $123,613 USD.

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Update: 11:37am


@Darkflame

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2 comments

It is great to get back the position again.

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10:30pm MST on 031025

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