Bitcoin surged past $125,000, driven by strong institutional demand, ETF inflows, and a weak US dollar. Some analysts predict a push to $150,000 as seasonal trends and macro factors support continued growth in the weeks ahead.
Bitcoin’s record price surge is fueled by multiple factors intersecting right now. Institutional demand and massive inflows into spot Bitcoin ETFs have created strong buying momentum. Last week alone, U.S. spot Bitcoin ETFs recorded over $3.24 billion in inflows, marking the second-largest week of inflows since their inception, with BlackRock’s IBIT leading at over $1.8 billion. These inflows, along with limited supply on exchanges and a weakening US dollar amid the ongoing US government shutdown, have significantly contributed to Bitcoin reaching a new all-time high of over $125,500.
As highlighted by deVere Group CEO Nigel Green, Bitcoin’s borderless, scarce, and decentralized nature makes it an attractive alternative to traditional safe havens like gold, especially during geopolitical and macroeconomic turbulence. The government shutdown has largely driven investors to seek refuge in Bitcoin, viewing it as a store of value amid currency devaluation and rising inflation. The combination of these forces, along with traditionally bullish seasonal trends such as “Uptober,” provides a compelling backdrop for the continued climb.
Analysts believe Bitcoin’s surge above $125,000 is only the beginning. The cryptocurrency is expected to “blast through” this level and head toward $150,000 in the coming weeks. Minor dips to the $108,000 – $118,000 range are viewed as buying opportunities rather than setbacks. Strong ETF inflows, a weakening US dollar, and historical bullish seasonal trends support a continued ascent for Bitcoin throughout October and beyond.
While the current surge is promising, other analysts warn that high profit levels — currently over 99% of Bitcoin supply in profit—could trigger short-term corrections. Historically, when profits reach such levels, markets tend to correct by 3-10%. Data from crypto analytics platforms show that nearly all holders are in profit at around $121,900, indicating a potential for profit-taking and a healthy market reset.
Market sentiment remains optimistic but cautious, with the Fear and Greed Index at 63, suggesting room for further momentum without reaching euphoria. The robust ETF inflows and a supportive macroeconomic environment indicate strong fundamentals that could sustain gains despite possible corrections.
Many experts believe Bitcoin will continue its upward trajectory. Analysts from institutions like Citi and JPMorgan are forecasting targets around $133,000 to $165,000 by year-end 2025. The inflow of institutional capital, rising retail participation, and macroeconomic uncertainties are likely to sustain Bitcoin’s strength through Q4 and into 2026 — with some projections indicating prices could reach up to $200,000 if adoption accelerates.
The recent surge and sustained inflows reflect increasing institutional confidence, positioning Bitcoin as a leading digital asset in a volatile global economy. While certain risks remain, the overall outlook remains bullish in the near term and beyond.
