Bitcoin at $ 140,000 at the end of the month? Haussiers hopes even remain as Tuesday fall sends ETH, XRP, Sol Down 5%

Bitcoin holds about $ 122,000 in Asian hours on Wednesday after having established a record level at $ 126,200 earlier this week, some market observers still expect an increase to a record of $ 140,000 later this month.

Economist Timothy Peterson said in an X Post on Tuesday that Bitcoin was likely to increase to $ 140,000, citing simulations based on the last decade.

“There is a 50% chance that Bitcoin ends the month above $ 140,000,” Peterson said in an X Post on Wednesday. “But there are 43% like Bitcoin ended below $ 136,000.”

BTC has increased by almost 10% since the beginning of October, which has always been one of the most optimistic periods for all financial assets. This decision was motivated by ETF records and exodus of documents from centralized exchanges.

The exchange sales dropped to a lower over six years of 2.83 million BTC, with 170,000 pieces withdrawn last month. This mixture of institutional purchases and stable narrowing has maintained shallow withdrawals. The FNB Spot classified in the United States added more than $ 60 billion since approvals in January 2204, including $ 3.2 billion last week, the second largest weekly contribution ever recorded.

Trading offices note that the slightest resistance path is always higher as “uptober” takes place. In addition, the prospects for S&P 500 remain constructive, supporting the case of BTC bull.

“Options markets tariff 5% wild chances for another 10% rally in the SPX until the end of the year, and it is increasingly difficult to find a negative catalyst to counter this point of view,” said Augustine Fan, information manager at Signalplus, in a telegram message. “We have seen little short liquidation on the recent difference, suggesting that participants have weight insufficiency with exposure to minimum risks.”

However, optimism is not without risk.

“The cryptography market sails in a delicate balance between strong technical support and significant macroeconomic uncertainty,” said Nick Ruck, director of LVRG Research. “Accumulation tendencies and institutional demand have propelled prices to new summits, but optimism is still exposed to Fed surprises.”

The absence of new versions of economic data due to the closure of the current US government has deprived the critical investors necessary to make new allowances. Some observers fear that the lack of new data, in particular inflation, can prevent the Fed from reducing rates.

When the FOMC and Mag-7 gains arrive later this month, the data will collide with an already extensive and lean market bullish. This will decide whether the next decision is a race specific to $ 140,000 or if a lower reset.

The BTC rally stopped in the past 24 hours, thanks to taking advantage. Prices have dropped by more than 2%, scary a break since Sunday and reducing XRP, Solana’s Sol, Ether Ethn$4.005.03 And Ada de Cardano decreases up to 7%.

The BNB BNB is distinguished with 1.5% gains during the same period, the lone wolf in the green because its underlying ecosystem sees a wave of fresh activity.

My goal: $ 125,000 is the battle line. The demand from ETFs and the withdrawals of whales give the Bulls a cushion, but the calm of the macro will not last.