The weekend brought some exciting news for the crypto community as Bitcoin made a new all-time high of $125,686 on October 5 (Sunday), marking the first time the token has ever crossed $125K.
However, to everyone’s disappointment, $BTC was unable to close above its previous high of $124,501 (set on August 14), making many wonder if this was just a ‘fakeout.’
Also, since the pump came on a Sunday – a day when volumes are typically lower – the chances of this new high not sustaining increase further.
Naturally, the token appears exhausted and needs some time to breathe before continuing its journey higher.
Read on as we dig into the AI’s Bitcoin price prediction, as well as point you toward the best cryptos to buy right now to make the most of this fresh Bitcoin move.
If you look at the Bitcoin daily chart, you’ll notice that the asset rallied around 25% between June 22 and July 14 (22 days), reaching a new high of $123.2K at that time.
After that, the token made one big swing at a new ATH on August 14 but clamped back immediately, entering a consolidation phase within an ascending triangle, which is typically considered a continuation pattern.
The breakout from this triangle occurred on October 1, when $BTC rallied 3.93% in a single day. And then just 4 days later, $BTC made a new ATH.
According to Grok, it’s almost ideal if $BTC retests its support at $118K, which would then put it in the perfect position to rally higher.
The reasoning is simple: after a 15.50% rally in just 11 days, it’s unfair if we expect Bitcoin to keep printing new highs every single day.
Even if it manages to close at a new ATH, the move is unlikely to sustain before a healthy retest.
Now, if you want to benefit from this move, one obvious option is buying $BTC itself. However, grabbing just a 15% gain in a Bitcoin bull run would mean leaving a lot of money on the table.
Here are Grok’s top suggestions.
With $BTC hitting a new all-time high, market participants are always on the lookout to accumulate this ‘digital gold.’ However, beyond capital appreciation, there’s little that Bitcoin offers.
All you have to do is utilize Hyper’s non-custodial canonical bridge that locks in your Layer-1 Bitcoin tokens to mint Web3-compatible Layer-2 Bitcoins, called wrapped $BTC.
These L2 tokens can then be used to engage with Web3 and participate in DeFi trading, DAOs, lending, staking, blockchain gaming, and more.
If you’re an active crypto trader, you’re well aware of the challenges, with the biggest one being low liquidity in popular and trending tokens.
However, you can change your fortunes by using Snorter Bot. It allows you to place buy/sell limit and stop orders directly from a Telegram dashboard that’s as easy to use as chatting with a friend.
Once you’re done, sit back and relax and let the bot works its magic, executing trades the moment liquidity is pumped into the asset.
Snorter Bot also lets you copy the trades of successful blockchain traders, allowing you to make consistent profits while developing your own trading strategy.
Holding the $SNORT token takes your Snorter Bot experience to the next level.
The $SNORT presale is alive and kicking, with over $4.33M in its kitty already. Right now, 1 $SNORT is available for just $0.1071.
Ali Martinez, a well-known crypto trader with 159K followers on X, highlighted that Solana has finally completed its retest after breaking out from an ascending triangle pattern.
Solana’s 2025 revenue so far stands at $1.25B, which is 2.5x higher than Ethereum’s. With powerful technicals and a rapidly expanding ecosystem, Solana remains a must-have in any strong crypto portfolio.
Disclaimer: Investments in crypto are highly risky. Kindly do your own research before investing. This article is not financial advice.
