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Why Bitcoin Price Is Surging Today? BTC “Uptober” Rally Begins with Government Shutdown
Bitcoin (BTC) price tests $116,420 intraday highs today (Tuesday, 1 October 2025), surging over 3% during the last 24 hours as the cryptocurrency capitalizes on dollar weakness resulting from the temporary U.S. government shutdown. The leading digital asset trades at $116,261 with a 1.92% gain, demonstrating renewed momentum as investors position for October's historically bullish performance. In this article, I answer the question of why the Bitcoin price is going up, how the BTC/USDT chart looks from a technical analysis perspective, and what the latest BTC price predictions are for October 2025. Bitcoin’s price ... (full story)
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From tickmill.com | Oct 2, 2025
Bitcoin prices have continued to rise throughout the week. Despite some trepidation on Monday as to how the market would react to a US government shutdown it seems that BTC has emerged as a preferred vehicle for traders looking to store their capital during this period of uncertainty. While gold is leading the pack in terms of gains, BTC has risen firmly ...
From dailyforex.com | Oct 2, 2025
Bullish view Buy the BTC/USD pair and set a take-profit at 120,000. Add a stop-loss at 112,000. Timeline: 1-2 days. Bearish view Sell the BTC/USD pair and set a take-profit at 112,000. Add a stop-loss at 121,000. Bitcoin price jumped to the highest level since August as investors predicted that more gains would happen in the so-called Uptober. It also ...
From cointelegraph.com | Oct 2, 2025
Bitcoin is ready for a short-term pullback and support retest as price metrics flash “overbought.” Traders warned Thursday that BTC/USD may retreat lower next after hitting six-week highs above $119,000. RSI calls for BTC price to take a break Bitcoin has gained almost 10% over the past week as bulls stage a comeback, echoing the upside in gold. Amid a trip ...
