Bitcoin’s price is holding steady between $111,000 and $114,000, showing little change even as the economy moves up and down. Some people noticed that U.S. government Bitcoin wallets were active recently, but this activity is normal and not linked to big sales.
Government wallets moved about 667 BTC (worth around $74 million) to different addresses, and another transfer of about $73 million happened during the government shutdown. While this caused some rumors, blockchain data firm Arkham Intelligence said these were just routine transfers, not large sell-offs.
The U.S. government owns over 197,000 BTC worth roughly $22 billion, making it one of the largest holders worldwide. These recent wallet moves show a careful, long-term management plan instead of quick selling. Because of this, traders are now paying more attention to technical charts and ETF inflow data to guess where Bitcoin’s price might go next.

The coin is now checking its important moving averages called EMAs. If it stays above $117,800 to $118,000, experts think its price could go up to between $120,500 and $123,000 by the middle of October. If more money keeps coming into ETFs, the price could go even higher to between $126,000 and $128,000 before the month ends.

Market forecasts expect coins lowest price in October to be about $110,000, with an average and maximum price near $129,342.57. Some experts say Bitcoin could fall below $95,000 if the Nasdaq drops, but most believe any fall will be short and buyers will return quickly. Many in the crypto world expect steady ETF trading and more interest from big investors to keep the coin above $115,000, paving the way for its next climb.
Looking ahead, BTC’s December outlook looks more bullish. Analysts expect it to reach $130,000–$135,000 by year-end, supported by strong ETF inflows, better liquidity, and positive holiday market sentiment.
Even if the price slips to $118,000–$120,000 from profit-taking, many see it as a good time to buy. Forecasts for December point to a low of about $120,000 and a high of around $137,462.68, showing that optimism for a big year-end rally is still strong.
On-chain data shows that government moves are planned, not panic-driven. This shows Bitcoin is becoming a mainstream asset, linked more with global stocks and institutional investments.
Market confidence stays strong due to the success of spot BTC ETFs and the growth of regulated custody services by major financial firms. If ETF inflows continue through Q4, BTC could sustain its upward momentum into early 2026.
Experienced Content Writer with 4+ years in producing SEO-optimized, engaging, and research-driven content for Technical, Crypto, Finance, and Travel domains. Crypto-journalist skilled in creating both short- and long-form content, delivering value-driven writing tailored to diverse audiences and platforms.