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Bitcoin and gold rose to the demand for safe haven after the closure of the US government, which means that the conversation is fueled that an upober rally is going on.
The closure started at 12:01 pm etc. When the congress did not pass on a financing account, whereby investors were sent to traditional and digital stores of value. Bitcoin climbed above $ 116,000, while gold set The 39th record high this year.
Crypto market leader Bitcoin, often seen as a digital value of value, saw his price rise more than 3% to act at $ 116,846.22 from 8:03 am EST, according to data from Coinmarketcap.
BTC -Price (Source: Mint market cap))
The relocation focuses the focus on the historic October strength of Bitcoin, in which traders noted that the crypto is only 6% below the all time from $ 124,457.12 that it set on August 14 Because it starts a seasonal bullish neighborhood.
“At the moment, gold is affecting new highlights, which means that Bitcoin will do this next,” said @TedpillowsWith more than 209k followers, on X. ”$ BTC is strongly correlated with gold with a delay of 8 weeks. Maybe we can see another correction, but the general Q4 will be great for Bitcoin. “
The strong performance seems to have overwhelmed traders, in particular those who bet that the leading cryptos prize would fall.
Data of Coinglass Show that more than $ 628 million has been liquidated from the market in the last 24 hours. The majority of these liquidations came from short positions, with $ 409.77 million from these transactions.
Looking at the last hour, $ 11.36 million was liquidated from short positions, while only $ 1.12 million was wiped out of long positions.
In both the 24-hour and 1-hour liquidations were the short transactions that were the most affected for Bitcoin.
Analysts say that Q4 can be big for Bitcoin
According to founder of MN Fund and the renowned trader Michael van de Poppe, this can only be the start of the win of BTC. In an x post to his more than 809.7k followers, the analyst said that BTC “looks ready for a big outbreak up” on the weekly graph.
The weekly #Bitcoin Looks ready for a big outbreak up. pic.twitter.com/lvoqxp5hua
– Michaël van de Poppe (@Cryptomichnl) October 1, 2025
Analysis sector on chains Cryptoquant repeated a similar sentiment on X. In a recent thread, the company pointed to the increasing USDT market hood, the purchase signal presented by the Stablecoin Supply Ratio, the demand for accumulator who ran an all time as a high-rowing catering course
5 important reports for next week ✅
Bitcoin consolidates from $ 115k to $ 108k after last week’s decrease. The next step can be great.
Here are 5 important reports on chains to watch 👇 pic.twitter.com/moiwjkjzem
– Cryptoquant.com (@Cryptoquant_Com) September 30, 2025
Bitcoin enters a historic bullish month and quarter
The Bitcoin rally comes when BTC comes in, which was historically a bullish month for the crypto king.
BTC’s historical monthly performance (source: Coinglass))
Since 2013 there have been only two authorities in the past where Bitcoin placed one monthly loss in October. This has led to traders and analysts often refer to the month as a ‘Uptober’.
BTC has also achieved double -digit profits in almost all the past Octobers. The only time that this was not the case was in 2022, when the crypto only achieved a 5.5% profit for the month.
In the meantime, the biggest profit was recorded in October in 2013, when the price of BTC rose more than 60%.
Q4 has also traditionally been a bullish month for Bitcoin, with only four authorities in which the crypto has not printed no profit during this period. The Bull Run year 2017 was also an outbreak period for the largest crypto in Market Cap.
Co-founder of Binance Changpeng Zhao (CZ) this month has pointed to a potential repetition of BTC’s historical October performance.
On X on September 30 he shared a screenshot of the Bitcoin Price Chart from 2017, of which he says he was his first crypto cycle. The graph shows that the BTC price became parabolic after September.
Do not predict the future. And don’t get too excited.
A September in an earlier (my first) crypto cycle. Simply data. 🤷️ pic.twitter.com/zcuohsch1r
– CZ 🔶 bnb (@cz_binance) September 30, 2025
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