Bitcoin surged previous $114,000 on Monday, extending a rally that has defied its regular September weak point. The transfer comes after bitcoin briefly examined assist close to $107,000 earlier this month, solely to rebound over the course of the month.
The acquire marks bitcoin’s strongest September since 2012, with costs up roughly 8% on the month. Technical merchants note that BTC has damaged out of a descending wedge formation on the short-term charts — a bullish setup that, if confirmed, may open the door to a push towards $120,000.
What makes the advance notably notable is the backdrop of traditionally low volatility. Bitcoin traditionally underperforms in September however then surges in October, November and December.
Regardless of the most recent breakout, bitcoin’s third-quarter efficiency has lagged behind its friends. BTC posted positive aspects of about 7% in Q3 2025, a stark distinction to Ethereum’s 68% rally over the same period.
Eric Trump predicts that This autumn will likely be “unbelievable”
Bitcoin’s rally has drawn contemporary commentary from Eric Trump, govt vp of the Trump Group and a longtime crypto advocate.
In recent interviews, Trump reiterated his daring $1 million worth goal, urging buyers to purchase now.
“Volatility is your pal. Purchase proper now. Shut your eyes. Maintain it for the following 5 years,” Trump stated.
Trump argued that international financial easing and a swelling cash provide will in the end propel bitcoin a lot greater. He additionally pointed to seasonality, noting that This autumn has traditionally been bitcoin’s strongest quarter, averaging positive aspects of roughly 85% in prior cycles.
The remarks echoed his August appearance at a Bitcoin convention in Hong Kong, the place he advised attendees, “We haven’t even scratched the floor.”
The feedback come because the Trumps have expanded their bitcoin and crypto ventures over the previous 12 months. Eric Trump and his brother Donald Trump Jr. co-founded American Bitcoin, a mining firm through which the Trump siblings maintain roughly 20% possession, with the rest managed by Hut 8. The agency lately secured $220 million in funding and is making ready for a September Nasdaq itemizing by way of its merger with Gryphon.
Bitcoin to $200,000 this 12 months?
Traditionally, the fourth quarter has delivered a few of bitcoin’s greatest rallies — averaging positive aspects of about 85% between 2013 and 2024. Current years match the sample: bitcoin surged 48% in This autumn 2024 and 57% in This autumn 2023, in response to market information.
In previous bull cycles, the strikes had been much more dramatic, with This autumn 2017 delivering a 215% leap and This autumn 2020 hovering 168%, every setting the stage for enormous follow-through rallies.
Earlier this month, Fundstrat’s Tom Lee reiterated his $200,000 goal for 2025, and prediction markets nonetheless assign a small likelihood of hitting that milestone by year-end.
Including gas, financial coverage seems to be turning supportive: with the Federal Reserve cutting interest rates, danger belongings — together with crypto — may very well be poised for one more late-year rally.
