The Bitcoin October Price Rally has officially kicked in, and traders are calling it ‘BTC Pumptober’ month once again. According to on-chain data shared by Lookonchain, BTC October price history shows that it has surged in 10 out of the past 12 Octobers, cementing this month as a historically bullish period.
Let’s explore the factors fueling the surge, $BTCbull price prediction for the current month and for 2025 as well to understand the trend better.

As seen in the chart, the Uptober month is showing maximum gains always, except only two years which broke the streak: 2014 (-11.63%) and 2018 (-4.44%).
By contrast, the October price rally posted massive gains:
2013 (+53.81%)
2017 (+46.49%)
2021 (+40.99%)
Even in 2024, BTCBull closed the period with a 14.39% jump.
In 2025, the asset opened at $114,024 in Oct and within a few hours the crypto market was buzzing — is another legendary bitcoin uptober trend underway?
The current analysis got a massive push from a short squeeze as reported by Ash Crypto latest X post. In just 60 minutes, a massive $206 million worth of BTC shorts were liquidated, compared to only $25 million in longs.

This shows bears are losing control while BTCbulls dominate the market. The price immediately broke upward from $114K to $116.5K, confirming strong upward momentum.
This chart clearly highlights today’s price surge was powered by liquidations, giving bulls the upper hand in the 2025 rally.
As per my market research being a crypto strategist, there are two major global Bitcoin October price rally factors driving the $BTC Pumptober news today.
US Shutdown News : Even with fears around the US government shutdown, the asset surged 3%, reaching $116K. Unlike stocks, the crypto king stood resilient against the market volatility.
Federal Reserve Rate Cut Hopes: With the Fed meeting scheduled on Oct 29, markets are expecting a 94% probability of a rate cut (current target 400–425 bps). Lower rates usually drive more money into assets like this because it is now considered as one of the safe heaven assets.

Source: CME FED Watch Tool
These macro factors, combined with historical data, makes Bitcoin news today bullish.
With the recent moves, it’s now even more important to uncover what TradingView charts indicators suggest for the world’ largest cryptocurrency price trend.

Recent Move: A sharp breakout from $114K to $116.5K, fueled by liquidations.
RSI: 47.8, which means the asset is in neutral momentum, so it still has room to grow.
MACD: This indicator suggests as short term correction is possible before a breakout.
Key Levels That Every Investor/Trader Should Watch
Immediate Support: $115,500
Resistance Zone: $117,000 → breakout could trigger higher $BTCBull price prediction for 2025.
Short-Term (Next 1–2 Weeks): It is expected to stay strong above $115,000. If it crosses $117,000, the price can quickly move up to around $118,500–$120,000.
Mid-Term (By End of October): Looking at the Bitcoin October price history chart, it usually gains around 20–25% in this month. If that happens again, the price could rise to $135,000–$150,000 by the end of this month.
Risk Side (If Market Falls): If the market faces major volatility then it can dip below $111,000–$112,000 before bouncing back again.
Overall, the Uptober trend looks positive, and this could turn into one of the strongest rallies we’ve seen yet.
With short squeezes, global factors, and historic strength, $BTCbulls are primed for another Bitcoin October Price Rally.
Traders see this month as a chance to break $120K and potentially close the month near $135K–$140K if momentum continues, so keep a close watch on resistance level to confirm 2025’s biggest BTC breakout.
Disclaimer: This article is for informational purposes only, so always do your own research before investing in any cryptocurrency to maximize high potential risks.
Sara Sethiya is an experienced crypto journalist with five years of experience in blockchain research, price movements, and market analysis. With a background in mass communication and journalism, she specializes in data-driven news articles, in-depth market reports, and SEO-optimized content. As a team lead and content writer at CoinGabbar, she examines on-chain metrics, evaluates liquidity trends, and analyzes tokenomics to uncover market patterns. Her analytical approach helps traders and investors interpret market shifts, identify potential opportunities, and understand the broader impact of blockchain innovations on the financial ecosystem.