Bitcoin Surges Towards $119,000, Analysts Predict 2026 Rally
Bitcoin, the world's leading cryptocurrency, has weathered a rocky start to its 2024 halving and is now surging towards $119,000 by October 2025, a remarkable 86% climb. Analysts predict a wide range for Bitcoin's price in 2026, with a median target of $201,000.
On-chain signals, such as the Stablecoin Supply Ratio (SSR) and long-term Bitcoin holder accumulation, indicate a sustained rally could be building. Analysts anticipate strong gains in October and the fourth quarter of 2025, citing historical averages and positive seasonal trends. However, it's important to note that the median target of $201,000 in 2026 is a symbolic benchmark and depends on market conditions evolving favorably.
Bitcoin's momentum in October 2025 is reinforced, with prices rising above $118,000, sparking an 'Uptober' rally. Historically, Bitcoin halvings have preceded sharp price rallies, with gains of over 8,000% in 2012 and 30x in 2017.
While no researchers or institutions have predicted a Bitcoin price over 450,000 USD for 2026, the cryptocurrency's potential remains high. However, regulatory uncertainty and macro variables pose risks that could dampen investor enthusiasm for Bitcoin.
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