Bitcoin Sets New Record High at $126K: Another Rally Ahead? BTC Price Prediction
Bitcoin, which surged to $126k hours ago, has been breaking its own all-time highs (ATH) week after week, leading the Uptober rally. Various market experts expect BTC’s surge to continue until the end of the year, with predictions ranging between $140K to $308K.
While the on-chain metrics, institutional participation, retail sentiment, and the regulatory shift signal BTC to enhance its market capitalization again to reach new heights, the Fear & Greed Index in the technicals indicates strong “Greed,” making traders cautious.
This news analysis article dissects the current trends surrounding Bitcoin to forecast BTC’s short-term, medium-term, and long-term movements. Let’s get started.
Bitcoin Touches New All-Time High at $126K: Why the Surge?
The continuous surge of Bitcoin is driven by various factors, including institutional inflows, macroeconomic trends, the “Uptober effect“, and the so-called debasement trade, a term popularized by JP Morgan analysts to describe the strategic shift of investors into assets like Bitcoin and Gold to hedge against the decay of the fiat economy.
The macroeconomic conditions, such as inflation, the central bank’s monetary issues, concerns over the U.S. national debt surpassing $38 trillion, and negative real interest rates, have been forcing traders to shift into Bitcoin. It is a contradictory fact that regulators of the fiat economy also participate in this debasement trade.
Large-scale institutions such as governments, banks, and public companies have been investing in Bitcoin since it started clearing the regulatory hurdles. A significant increase in BTC holdings has been exhibited recently by institutions, which include BlackRock IBIT ETF’s $3.2 billion inflow this week.
The U.S. strategic reserve, which was established on March 6th, 2025, with the leadership of Donald Trump, will begin adding funds to it anytime soon. At present, the U.S.A. owns 198,012 BTC, ranking first in the list that includes China, the UK, Ukraine, Bhutan, El Salvador, and more countries.
Additionally, Bitcoin remains technically strong, its fundamentals are perfect, it has been attracting a huge number of retail traders, and the number of whales selling the asset all of a sudden has decreased, contributing to the rally, which is recurring in most of the October months.
Will Bitcoin Continue the Rally? Detailed Bitcoin Price Forecast
Market experts and price forecasters expect Bitcoin to increase its value in the long run despite the short-term volatility. However, certain predictions are skeptical about the asset and caution against a sudden downfall. Let’s check the factors that contribute to Bitcoin’s bullish and bearish movements.
The Bullish Scenario: While Bitcoin has entered the mainstream market, its $4.3 trillion market cap is still smaller compared to the $20 trillion of Gold. With strong optimism surrounding the asset, we can expect more inflows in the future.
The Bearish Scenario: Despite the short-term bear phase due to the profit-taking momentum, Bitcoin could enter a sustained bearish era if the traditional economy regains its power. A larger correction can be expected, as the chart moves in waves, not in a linear fashion, but the timeframe of this downfall should be figured out.
Bitcoin’s Short-Term Price Prediction: Surge to Continue Despite the Profit-Taking Momentum
Bitcoin’s short-term price prediction, resulting from its technical analysis, market sentiment, and historical data, suggests that Bitcoin will continue its bullish momentum in the coming days, as detailed below.
- Oct 08, 2025 – $ 125,429
- Oct 09, 2025 – $ 126,992
- Oct 10, 2025 – $ 128,827
- Oct 11, 2025 – $ 131,009
- Oct 12, 2025 – $ 132,687
Bitcoin’s Medium-Term Price Prediction: $133K in Uptober Rally
The month-wise BTC forecast suggests that it can reach a maximum value of $133.5 during the Uptober rally, and it will likely continue till $144K by December 2025.
| Month | Min. Price | Avg. Price | Max. Price | Potential ROI |
|---|---|---|---|---|
| Oct 2025 | $ 125,429 | $ 130,035 | $ 133,588 | 7.58% |
| Nov 2025 | $ 126,570 | $ 127,979 | $ 132,316 | 6.55% |
| Dec 2025 | $ 133,251 | $ 139,327 | $ 144,180 | 16.11% |
Bitcoin’s Long-Term Price Prediction: Highly Bullish
The forecast predicts a maximum value of $308K for BTC by 2029, accompanied by the halving-driven reduction in supply and strong demand. Detailed year-wise prediction is given below.
| Year | Min. Price | Avg Price | Max. Price | Potential ROI |
|---|---|---|---|---|
| 2025 | $ 125,429 | $ 33,112 | $ 144,180 | 16.14% |
| 2026 | $ 74,425 | $ 102,114 | $ 139,858 | 12.66% |
| 2027 | $ 55,779 | $ 70,315 | $ 88,381 | 28.81% |
| 2028 | $ 57,439 | $ 193,971 | $ 278,211 | 124.10% |
| 2029 | $ 272,819 | $ 290,612 | $ 308,078 | 148.16% |
| 2030 | $ 203,500 | $ 242,202 | $ 275,145 | 121.63% |
Disclaimer: These crypto price forecasts are based on predictive modeling and should not be considered financial advice.
The Bottom Line: HODL or Sell Bitcoin?
If you are a long-term hodler of Bitcoin, it is better to continue holding it in your portfolio for the long run. If you are looking for short-term entry and exit, try to do your research to finalize the entry and exit points on your own. As a highly volatile asset, it is important to do research before investing in Bitcoin. Always DYOR!
At the moment of writing, BTC is trading for $124,344.36, a 10% increase from the past week.
Crypto & Blockchain Expert