Bitcoin (BTC) Breaks $121,000 — What's Next?
Bitcoin, the most valuable cryptocurrency, has approached its all-time high. The chart shows a breakout of $121,000.
Amid BTC's positive price movement, crypto community members are sharing their predictions. We'll explain what investors expect from Bitcoin in the near future.
On the evening of October 2, 2025, Bitcoin managed to return to $121,086. The cryptocurrency last traded at this level in August 2025. Although the coin corrected somewhat after reaching its local high, many in the crypto community are confident that the bull run is not yet over.
Bitcoin chart. Source: TradingView
Many in the crypto community are confident that Bitcoin will continue to rise. Optimists point to October as one of the most positive months for cryptocurrencies, as historically demonstrated.
Analyst Doctor Profit also sees potential for BTC growth in the near future. According to his calculations, the cryptocurrency could reach $125,000 and reach a new all-time high. However, the analyst believes a sharp correction will begin immediately afterward. The analyst noted that the $121,000-$125,000 zone is suitable for short positions.
In his X, Doctor Profit shared a diagram of the expected BTC price movement. The analyst believes the correction could last until late spring 2026. Afterward, he expects a gradual recovery and Bitcoin to rise above $180,000 in early 2027.
Bitcoin forecast from Docrot Profit
CoinGlass' bullish indicators also point to the prospect of continued Bitcoin growth in the near future. At the time of writing, none of them confirm the bull run peak has been reached.
CoinGlass Bull Run Indicators
However, there are also some downright negative market participants. Some cryptocurrency investors believe that the early October pump was BTC's last attempt to renew its cyclical high, and that investors should now prepare for a protracted crypto winter.
Source: cryptonews.net
