The Bitcoin & Cryptocurrency Investment Show

Uptober Unleashed: Bitcoin's Wild Ride Past $123K, Altcoin Season, and What's Next


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The Bitcoin & Cryptocurrency Investment Show podcast.

The Bitcoin & Cryptocurrency Investment Show this week has been absolutely electrifying—buckle up, because this is Crypto Willy coming at you with everything you need to know from a week that crypto folks are already calling “Uptober for the ages.”

First things first: Bitcoin absolutely roared past $123,000 as October kicked off, just shy of its all-time high set in August. This stellar momentum is what the crypto crowd has lovingly dubbed “Uptober,” a tradition where October sees some of the most explosive moves in Bitcoin’s history. Fortune and Bloomberg both lit up with headlines about Bitcoin smashing records, and it’s not just retail traders FOMOing in—institutions are piling in too, treating BTC as the ultimate hedge against everything from inflation to a US government shutdown. Believe it or not, Spot Bitcoin ETFs like BlackRock’s IBIT have already pulled in over $80 billion by mid-2025, making Wall Street a major character in our crypto drama.

But don’t mistake this for a smooth ride. We got hit with some fireworks midweek as Donald Trump’s escalation of tariffs on China spooked global markets. Bitcoin wasn’t immune, dropping below $110,000 in a sudden flash crash—$7 billion in liquidations wiped out in a snap! As reported by CoinDesk, this was the wildest one-day crash we’ve seen since last year’s halving, serving up a “healthy correction” that had both day traders and bots scrambling to stabilize.

The aftermath? Crypto heavyweights like Ethereum, Dogecoin, and DeFi tokens (think Aave, Uniswap) saw some major inflows thanks to the “Altcoin Season Index” lighting up. Folks are rotating profits from Bitcoin into smaller alts, hoping for that next moonshot. As U.Today and CoinCentral broke down, this rotation is classic bull market behavior and suggests we might see Ethereum, Solana, and XRP reach new heights if Bitcoin continues gobbling up institutional cash.

Here’s what’s fueling the FOMO: smart money is watching inflation risk, ongoing government gridlock, and hints from the Federal Reserve that rate cuts are on the horizon. Institutional whales are laser-focused on key resistance levels—$125,000 and $135,000 are the numbers to watch, and if those break, analysts from TradingView and CoinCentral are calling $144,000 BTC “well within reach.” Downside risks? Support is firming up at around $116,500 and $113,500, per the chart-watchers.

But here's where the show gets spicy for us true believers—mainstream adoption is accelerating. Walmart’s OnePay is prepping to launch crypto trading before year’s end, according to breaking news from several crypto outlets. Regulators in the US and EU are finally rolling out clearer frameworks, with MiCA in Europe giving institutional players a regulatory green light to go even bigger.

For those of you scanning the horizon, the experts keep bringing up the four-year cycle and the April 2024 halving—historically, that means the next 12 to 18 months could see the bull run really peak. Predictions for the year-end? Some folks have their eyes set sky-high—$150,000 or even $200,000, but as always, keep your risk in check and diversify your bags.

Thanks for tuning in to The Bitcoin & Cryptocurrency Investment Show with me, Crypto Willy. Be sure to come back next week for more hot takes, price action, and the news you absolutely can’t miss. This has been a Quiet Please production. Wanna catch more of what I do? Check out Quiet Please Dot A I! Stay savvy and keep stacking sats, friends!

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The Bitcoin & Cryptocurrency Investment ShowBy Inception Point Ai