Leaving the macro call itself aside, here Leaving the macro call itself aside, here is the arithmetic. $BTC trades at 83,978. Reaching 113,000 is +34.6% from here.
For scale: the highest price of the last 30 days is 87,396, set on September 21. Price has failed to close above 86,800 in five separate sessions since then, so the first 4% of that path is not cleared yet.
The all time high is 126,080, printed on October 6, 2025, one year and one day ago. A move to 113,000 would be a return to within 11% of that record.
Seasonality covers part of the gap but not all of it: the average October since 2017 is +18.1%, which from this month's open at 83,624 points to roughly 98,700. That still leaves 13% to find.
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#bitcoin #btc #crypto #altcoin is the arithmetic.
For scale: the highest price of the last 30 days is 87,396, set on September 21. Price has failed to close above 86,800 in five separate sessions since then, so the first 4% of that path is not cleared yet.
The all time high is 126,080, printed on October 6, 2025, one year and one day ago. A move to 113,000 would be a return to within 11% of that record.
Seasonality covers part of the gap but not all of it: the average October since 2017 is +18.1%, which from this month's open at 83,624 points to roughly 98,700. That still leaves 13% to find.
Follow me for daily market breakdowns.
#bitcoin #btc #crypto #altcoin is the arithmetic.