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  • 🚀 Bitcoin in October - Ready for Liftoff!? |Released 27 Sep 25|

🚀 Bitcoin in October - Ready for Liftoff!? |Released 27 Sep 25|

👀 SEC Changes Crypto ETF Application Process! Analysts Claim Bitcoin Targets $300,000.

Author

Jonathan Hamblin
October 01, 2025

 

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Welcome back to

BULL MARKET BYTES

Your byte of cryptocurrency insight where we have entered the infamous month of “Uptober” . . .

Hopefully this isn’t another disappointment like “Sucktember!” 😂

Here is what we have for you today!

📊 BLOCKCHAIN BREAKDOWN
📌 BULL MARKET BULLETIN

BITCOIN TECHNICAL ANALYSIS

We finally made it to the month of October! With Bitcoin pushing on the last day of September, Bitcoin closed out at +5.16% last month.

This increased quarter 3’s performance from +2.23% to +6.31%! Now, welcome to quarter 4 comprised of . . .

  • “Uptober” - October

  • “Moonvember” - November

  • “Pumpcember” - December

Keep in mind, quarter 4 last year ended at +47.73% and the year before that at +56.90%!

Let’s take a look at Bitcoin’s daily movement and see what quarter 4 has already surprised us with.

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The cryptocurrency community has been waiting eons (it feels like) for October to be upon us and here we are!

Let’s take a look at the images below, the first being from our newsletter on Saturday and the second being from today!

Since our last newsletter on Saturday, we have witnessed Bitcoin’s monumental moves:

  • Breaking descending resistance at ~$109,694.02

  • Regaining ascending support

  • Surpassing key resistance at:

    • $110,609.41

    • $111,871.67

    • $115,620.04

Bitcoin also broke above key resistance at $116,822.71 but dipped back below so it did not confirm the break . . . yet!

To confirm that the “bulls are back in town,” in the past hour we have seen a massive shift in bullish versus bearish traders:

  • Long (bullish) traders = 52.67%

  • Short (bearish) traders = 47.31%

What about the bearish formations? The 2 bearish formations that we were following were the bear flag formation and inverse cup and handle formation . . .

Both were obliterated by Bitcoin’s massive $7,000 spike over the past 72 hours!

The formation that we are now following? With Bitcoin returning back to its price back on 18 September, we now see the beginning of the bullish “cup and handle formation!”

In addition, we are tracking an ascending triangle formation where support and resistance will converge on the 22nd of October!

Before we continue to pop champagne bottles, let’s see what Bitcoin may have in store for us this month in the “What to Anticipate” below section!

 

WHAT TO ANTICIPATE

As stated in Saturday’s newsletter:

⚠️ Caution along the way! Until Bitcoin breaks and holds $111,871.67, we are not clear of the bear flag formation which could push Bitcoin below $107,493.48.

The scary thing . . . we won’t avoid the inverse cup and handle formation until Bitcoin surpasses ~$114,000 . . . which is $5,000 away!

Bitcoin did indeed surpass $114,000 which has ridded us of the bearish inverse cup and handle formation!

It seems that our hard work from last newsletter’s chants of “Uptober . . . Uptober . . . Uptober” has been quite successful for us so far!

🌍 In a perfect world, what do we see? Bitcoin’s recent move has removed a lot of “pain in the portfolio,” but this is only the beginning!

With Bitcoin moving ~$7,000 in the past 72 hours, a pullback in price is bound to happen - but the question is “how far will Bitcoin pullback?”

At the very least, Bitcoin must hold the ascending support (green line in the chart above) to continue the healthy increase in price.

Bitcoin may break below $115,620.04 but as long as the ascending support holds, we will continue the ascending triangle formation!

⚠️ Caution along the way! Yes, Bitcoin must pullback to continue a healthy trend, but that does not mean we need for it to crash back through support!

The lowest Bitcoin can go in the next 72 hours is ~$114,651.49 to continue holding key areas.

If we break the ascending support, we must rely on $111,871.67 to hold or we fall back into multiple bearish formations . . . not recommended, Bitcoin!

🧠 Our overall thoughts? We have been waiting for October to arrive, and now that it has, it is time to unleash the bulls!

Our optimism will continue to carry throughout quarter 4, but no one said there wouldn’t be bumps and bruises along the way . . .

Continue to watch Bitcoin to see if ascending support holds . . .

  • If it doesn’t - a pullback to $111.871.67 is highly probable

  • If it does - we anticipate Bitcoin wanting to reclaim $116,822.71

Be safe out there and see you in our next newsletter on Saturday!

BULL MARKET BULLETIN 📌

  • Gold and Silver continue to rise to new all-time highs, is Bitcoin next to follow with the same intensity?

  • Bitcoin’s push above $114,000 may ignite a rally to the “$150,000 - $300,000” area. Maybe not as farfetched as it sounds . . .

  • The SEC is now requiring that Crypto ETF applications have various forms removed and resubmitted.

  • Initially resulting in fear, there may be a positive outcome.