October has a special reputation in crypto. Traders often call it “Uptober” because Bitcoin and Ethereum tend to show surprising strength during this month. This year, the story might be even more dramatic.
Ash Crypto, a crypto analyst on X, believes October could deliver both a fakeout drop and a powerful rally that sets the stage for a historic Q4.
What you'll learn 👉
Bitcoin Price Outlook: From Drop to Parabolic Rise
Bitcoin price has been in an uptrend throughout 2025, but Ash Crypto sees a tricky setup ahead. According to him, the BTC price may first dip to around $106k between October 15 and October 20. Such a move could convince traders that Uptober is canceled. If that happens, many will short the Bitcoin token, expecting deeper losses.
That is exactly when Ash believes the market could flip. He predicts a sharp rebound late in the month, potentially sending BTC back into a strong parabolic phase. His target is ambitious between $150k and $180k before the end of Q4. The idea is simple: when sentiment turns too bearish, the stage is set for a major reversal.
Ethereum has also been climbing since May, with the ETH price moving steadily higher. Ash expects a similar October pattern for Ethereum. He suggests the ETH token may first slide toward $3800 or even lower, shaking out traders who entered too late.
Once confidence is gone, he sees Ethereum bouncing back with strength. The long-term target he shared for the Ethereum price is eye-catching, ranging from $8k to $12k. If Bitcoin starts its parabolic push, Ethereum token gains could be just as explosive, and history shows Ethereum often lags slightly before catching up with BTC.
My October prediction:
— Ash Crypto (@Ashcryptoreal) October 1, 2025
I think we are seeing a pump to make everyone believe PUMPtober is real and soon we can get a nasty drop where Bitcoin dumps closer to the $106k level and ETH dumps near $3800 or lower, and everyone will think Uptober is canceled.
This will happen to…
Why October Could Be a Turning Point for BTC and ETH
What makes October special, according to Ash, is the psychology of the market. When Bitcoin and Ethereum appear to be losing momentum, bears pile in. That heavy short positioning can create fuel for a sudden reversal if prices move higher. A late-October bounce would then trigger a wave of liquidations, sending BTC price and ETH price upward quickly.
Ash says he is ready for both outcomes. He keeps 85% of his portfolio in the market. He holds 15% in cash to buy if prices drop. His point is simple: crypto never moves in a straight line, so traders must plan for both sides.
Could This Set Up a True Alt Season?
If BTC and Ethereum deliver the kind of late-October rally Ash describes, the effect could spill over to the broader crypto market. He even suggests altcoins could see 10x to 50x gains over the next 3 to 4 months. That type of move has only happened in past cycles when both Bitcoin and Ethereum were showing extreme strength.
Read Also: Analyst Warns of a Big Crash for Solana (SOL): Here’s His Outlook
October often tests patience in crypto. This year, the market might first pull the rug before launching higher. Ash Crypto believes both Bitcoin and Ethereum are setting up for a huge Q4, but the road there could involve a mid-month shakeout. Whether BTC price hits $150k or ETH token reaches $12k is still uncertain, yet the possibility makes this October one to watch closely.
Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
