Bitcoin in October: AI Sees Cozy Range, Not a Breakout 🚀😂

by

On October 5, 2025, Bitcoin swaggered to a new high, flirting with the $126,000 mark and giving the market a nip of hope, like a sprig of mint tumbling into a gin fizz. 🥃💫

Yet the latest mechanical oracle-CryptoOnchain’s AI-whispers that a sustained breakout is unlikely this month. Instead, the dear old coin is likely to promenade within a tidy trading corridor, as if it’s forgotten its passport to volatility. 😅

The AI Model’s Prognostication: A Prolonged Pas de Deux in a Price Corridor

The projection, handy little thing, comes from CryptoQuant’s own oracle, CryptoOnchain, and employs an NBeats Ensemble deep-learning model-an army of number-ninjas trained on 379 on-chain features-to sketch Bitcoin’s October minuet. 🧙‍♂️🧩

It shows BTC will extend its consolidation between $108,000 and $123,000, with activity a trifle more likely to cluster in the upper half. The analyst argues this reflects sturdy buying interest even as the market pauses after a spree of record moves.

“The most probable scenario for October 2025 is the continuation of Bitcoin’s neutral, range-bound movement,” CryptoOnchain concluded. “Traders should closely monitor the support level at 108,000 and the resistance at 123,000, as a decisive break of either level could define the next mid-term directional move.”

The prediction followed Bitcoin’s weekend sprint to a fresh all-time high of $125,559, briefly pushing its market capitalization to $2.5 trillion, just behind silver’s $2.7 trillion. The surge niced up weeks of sideways trading that had defined September, when the OG crypto repeatedly tested support near $109,000 before clawing back in early October. 💹🪙

Still, the chaps in the trading room are not of one mind. Market commentator Daan Crypto Trades noted on X that BTC’s latest push resembled a “classic weekend squeeze and retrace,” pointing to a CME futures gap at $110,000. 🤔

Meanwhile, a more aggressive clan, including the pseudonymous Mr. Wall Street, has forecast a rally to the $160,000-$170,000 range within the next two months. A bold chap, that one. 🗺️🚀

Underlying Strength and Historical Parallels

Bitcoin’s sturdy stance rests on on-chain fundamentals. A CryptoQuant report showed spot demand rising, with a monthly rate of over 62,000 BTC since July-accumulation that previously preceded rallies in 2020, 2021, and 2024. 📈

Large investors are piling in, adding an average of 331,000 BTC to their holdings each year, and institutional flows via the U.S. ETFs continue to deepen the market. Observers keep their peepers on the on-chain realized price at $116,000; moving decisively above it could flip the market’s Bull-Bear indicator into a rather bullish mood. 🕵️‍♂️💼

From a price perspective, Bitcoin is down 1.1% in the last 24 hours, trading in a range from $122,538 to $125,165. Over the past week, the asset has advanced about 10.6%, climbing from near $111,600, while its 30-day gain sits at 11.6%. Over the last year, the value has nearly doubled, CoinGecko tells us-an impressive bit of arithmetic, to say the least. 🧮✨

Read More

2025-10-06 20:17