Prominent research analyst Ash Crypto predicted earlier this month that Bitcoin would fall near $106,000 in October, while Ethereum would fall near $3,800 or lower. His predictions were correct.
However, Ash Crypto also predicted that the last quarter of the year will be Bitcoin's most successful quarter. He said the asset's price will skyrocket to $150,000 and trigger an altcoin season.
The astonishing accuracy of an early prediction
On October 1, 2024, cryptocurrency researcher Ash Crypto posted a bold prediction on his Twitter account about the movement of the cryptocurrency market for the rest of the month and until the end of the year.
“I think we are seeing a price spike to make people believe that PUMPtober is real and soon we could see a big drop where Bitcoin drops near $106,000 and ETH drops near $3,800 or lower and people will think Uptober is canceled,” his tweet read.
Last weekend's market crash proved him right.
The global cryptocurrency market plunged due to President Trump's strong statement of 100% tariffs on Chinese products. Bitcoin fell to a low of $105,000, and Ethereum temporarily fell to a low of $3,500. The sell-off was more severe for most other altcoins .
If this week's events confirm the first half of his prediction, the second half offers hope for a market still suffering from a sudden moment of collapse.
A ray of hope
While Ash Crypto’s predictions for the rest of October paint a bleak picture, his forecast for the rest of the year offers a welcome refuge for investors.
According to him, the cryptocurrency market will enter an unprecedented bull phase in the last quarter of 2025. The recent bearish phase will send a message to investors that the recent uptrend in cryptocurrencies has ended, causing them to short in droves.
When pessimism reaches its maximum, the market will reverse , creating large percentage gains, likely starting in the last 10 days of October.
“Then October will end with a huge percentage gain, and the parabolic rally of Q4 will begin, taking BTC to $150,000-$180,000, ETH to $8,000-$12,000, and the REAL altcoin season will begin, taking altcoins 10x-50x in just 3-4 months,” Ash Crypto predicts.
However, acknowledging the possibility of error in any prediction, Ash Crypto has outlined his investment strategy to manage the uncertainty. He confirmed that he has invested 85% in the market to profit if the bull run continues immediately. The remaining 15% is held in cash – a reserve to “buy the dip” in case the market crashes.
If the rest of Ash Crypto's predictions hold true, crypto investors will have big reason to celebrate.
