The first chart for today, guys, of course, is this beautiful 4-hour chart.
Check this out — on the 4-hour timeframe, Bitcoin has just broken that green light level, and now we’re hunting for the second green light around $115,000.
Now, there’s something really interesting and positive happening on this 4-hour chart: the EMA ribbon is flipping. You can clearly see the yellow line crossing from the bottom to the top, which is a very bullish signal. This type of move doesn’t happen often — maybe once every few months — and when it does, we usually see a huge breakout afterward.
Look back at the previous flips: when the yellow line moved above the red line, Bitcoin went from $110K to $117K, a solid $7,000 jump. So if this pattern repeats, we could easily move from $113K to $120K, or even higher — maybe $130K.
That’s a strong positive indicator: the 4-hour EMA ribbon is flipping bullish again.
Zooming Out: The Weekly Chart
If we zoom out to the weekly timeframe, things look even more bullish. The yellow EMA line remains on top, confirming a positive long-term structure.
We found support right on that key level, and now we’re facing resistance at the blue line. We saw a big red wick there before, but the new green weekly candle is forming nicely — it closes in about 5 days.
That candle is heading straight into the $119K resistance zone. Every time we’ve tested this level before, Bitcoin has attempted another pump.
If we manage to close a candle body above the green resistance line, that’s your confirmation — resistance broken, and the next big leg of Uptober begins.
Targets?
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First: $140K
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Then: potentially $150K
October just started, so patience is key — but this setup looks strong.
Higher Lows, Higher Highs
Zooming out even further, we can see the structure is still solid:
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Higher low → higher high
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Higher low → waiting for the next higher high
That next high could form around $160K, which I personally believe could mark the top of this bull market.
From there, we might expect a bearish drawdown, but for now, the structure remains beautifully bullish.
Where Are the Big Sells?
Now, let’s look at short-term volatility data.
According to on-chain and aggregated market data, major sell orders are sitting between $124K and $131K. That’s a massive resistance zone filled with whales taking profits.
Buy orders aren’t nearly as concentrated — which tells us something:
The market is likely to move into that area to fill those sell orders.
So expect a push into the $124K–$130K range, maybe even a new all-time high, followed by a healthy retracement back to around $120K, and then possibly one final push to $160K.
Momentum and Profit Zones
There’s another chart floating around on Twitter (credit to the anonymous trader who shared it).
It shows the momentum thresholds at -2.37 and 0.02. Historically, when the indicator hits -2.37, it signals a buying zone — and when it approaches the red zone above 0.02, it’s time to take profits.
Right now, we’re nearing that red zone again — just before the next major profit-taking phase.
If you’re a trader, this is a good reminder:
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$114K – $140K → Profit-taking zone
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Take profits before the line crosses back up, which typically signals a market cooldown.
Remember, this applies to your trading portfolio, not your long-term holdings.
If it’s your first Bitcoin cycle, you might be tempted to sell everything for short-term gains — but be careful. If you want to learn how to balance trading vs. long-term holding, check out ddbam.bam.me for education and portfolio guidance.
Is This Another Uptober?
Now the big question — will this October be another Uptober?
Historically, October has been one of Bitcoin’s strongest months — even during bear markets.
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Worst case: -12% (after the 2013 bull run)
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Another small dip: -4% in 2017
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Every other year? Strongly positive.
On average, Bitcoin gains +20% in October. From $100K, that would bring us right to $120K–$130K — the same zone where whales are selling.
Combine that with November (or “Movember” as some call it), and the historical average jumps to +46% for the two months combined.
In past bull markets:
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2013: +450%
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2017: +50%
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2021: October was bullish before a November pullback.
So, if 2025 follows a similar pattern, we could be looking at a 60% rally, pushing Bitcoin to around $160K before a December cooldown.
And based on previous cycles, December tends to bring the first real correction after Uptober and Movember’s euphoria.
Final Thoughts
The next two months — October and November — could be the most critical phase of this bull market.
If history repeats, we might see:
🚀 $130K–$160K Bitcoin by year-end,
followed by the first major correction into early 2026.
Stay smart, stay patient, and remember — the trend is your friend until it ends.
And if you want to trade this volatility, use my exclusive ByBit link below to claim up to $30,000 in bonuses, plus $30 just for signing up.
👉 Join ByBit now and let’s see if this Uptober lives up to the hype once again.
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