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Reading: Bitcoin Surges Past $114K as Eric Trump Predicts an ‘Unbelievable’ Q4
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Mycryptopot > News > Crypto > Bitcoin > Bitcoin Surges Past $114K as Eric Trump Predicts an ‘Unbelievable’ Q4
Bitcoin

Bitcoin Surges Past $114K as Eric Trump Predicts an ‘Unbelievable’ Q4

October 3, 2025 4 Min Read
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Bitcoin surged previous $114,000 on Monday, extending a rally that has defied its standard September weak point. The transfer comes after bitcoin briefly examined help close to $107,000 earlier this month, solely to rebound over the course of the month.

The achieve marks bitcoin’s strongest September since 2012, with costs up roughly 8% on the month. Technical merchants word that BTC has damaged out of a descending wedge formation on the short-term charts — a bullish setup that, if confirmed, might open the door to a push towards $120,000.

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What makes the advance notably notable is the backdrop of traditionally low volatility. Bitcoin traditionally underperforms in September however then surges in October, November and December.

#Bitcoin traditionally underperforms in September however then RIPS up in October, November and December 👀

Bullish on This autumn 🚀 pic.twitter.com/Pep7lrSgGR

— Bitcoin Journal (@BitcoinMagazine) September 26, 2025

Regardless of the newest breakout, bitcoin’s third-quarter efficiency has lagged behind its friends. BTC posted beneficial properties of about 7% in Q3 2025, a stark distinction to Ethereum’s 68% rally over the identical interval.

Eric Trump predicts that This autumn shall be “unbelievable”

Bitcoin’s rally has drawn recent commentary from Eric Trump, govt vice chairman of the Trump Group and a longtime crypto advocate.

In latest interviews, Trump reiterated his daring $1 million value goal, urging buyers to purchase now.

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“Volatility is your good friend. Purchase proper now. Shut your eyes. Maintain it for the subsequent 5 years,” Trump stated.

Trump argued that international financial easing and a swelling cash provide will in the end propel bitcoin a lot larger. He additionally pointed to seasonality, noting that This autumn has traditionally been bitcoin’s strongest quarter, averaging beneficial properties of roughly 85% in prior cycles.

The remarks echoed his August look at a Bitcoin convention in Hong Kong, the place he informed attendees, “We haven’t even scratched the floor.”

The feedback come because the Trumps have expanded their bitcoin and crypto ventures over the previous 12 months. Eric Trump and his brother Donald Trump Jr. co-founded American Bitcoin, a mining firm through which the Trump siblings maintain roughly 20% possession, with the rest managed by Hut 8. The agency just lately secured $220 million in funding and is getting ready for a September Nasdaq itemizing through its merger with Gryphon.

Bitcoin to $200,000 this 12 months?

Traditionally, the fourth quarter has delivered a few of bitcoin’s greatest rallies — averaging beneficial properties of about 85% between 2013 and 2024. Latest years match the sample: bitcoin surged 48% in This autumn 2024 and 57% in This autumn 2023, in response to market knowledge.

In previous bull cycles, the strikes had been much more dramatic, with This autumn 2017 delivering a 215% bounce and This autumn 2020 hovering 168%, every setting the stage for enormous follow-through rallies.

Earlier this month, Fundstrat’s Tom Lee reiterated his $200,000 goal for 2025, and prediction markets nonetheless assign a small chance of hitting that milestone by year-end.

Including gasoline, financial coverage seems to be turning supportive: with the Federal Reserve reducing rates of interest, danger property — together with crypto — might be poised for one more late-year rally.

This submit Bitcoin Surges Previous $114K as Eric Trump Predicts an ‘Unbelievable’ This autumn first appeared on Bitcoin Journal and is written by Micah Zimmerman.

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Eric Trump predicts that This autumn shall be “unbelievable”Bitcoin to $200,000 this 12 months?
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