Bitcoin’s Pump Expands Q4 Targets Toward $160K–$200K, Historical Pattern Could Push Dogecoin to $1.60

The early Uptober pump has pushed the Bitcoin price to its two-week high above $119,000. With the Bitcoin price just shy of its all-time high, CryptoQuant has explained that it has reclaimed the Trader’s Realized Price ($116K), which moves its Q4 targets toward $160K-$200k.

Dogecoin, one of the biggest gainers so far in October, could finally rally to a new all-time high with the emergence of a historical pattern. Bitcoinsensus predicts that this pattern could lead to gains of 800%, pushing the price of Dogecoin as high as $1.60.

Bitcoin Holds Above $118,000 Support: How High Can It Go?

After briefly dropping to a low of $108,500 in the last few days of September, Bitcoin (BTC) began Uptober with a strong bounce. Since then, Bitcoin has extended its Uptober gains to $118,700, rising by more than 6.5% over the last seven days.

With the Bitcoin price above $117k, CryptoQuant has explained that the leading crypto has reclaimed the Trader’s Realized Price ($116K). The on-chain analytics firm notes that at the current Bitcoin price, it is solidly back in the Bull phase of the Bull-Bear Market Cycle Indicator.

The Bitcoin Bull Score Index is at the same levels as it was entering into Q4 2024, the 40-50 range. Additionally, net inflows into Bitcoin ETFs have surged to $675 million over the last 24 hours, according to data from SoSoValue.

With all the technical indicators pointing to a bull market, CryptoQuant has predicted that the Q4 targets for Bitcoin have been expanded toward $160K–$200K. Ted Pilliow shares a similar sentiment, noting in an X post that the only thing between Bitcoin and a new price discovery phase is the $120,000 resistance.

Dogecoin Price Pumps 10% As DOGE Flashes Historical Pattern

In the Uptober rally, Dogecoin (DOGE) has been one of the biggest gainers. On the 7D price chart, Dogecoin has increased by more than 10%, pushing its price above $0.2550 for the first time in almost two weeks. 

The Dogecoin pump comes as DogeHash received $2.5 million from Thumzup, a small media company, to accelerate its DOGE mining efforts. Additionally, the price pump has also highlighted a historical pattern that could lead to Dogecoin finally rally above $1.

Bitcoinsensus, a market analytical resource, has explained with a long-term Dogecoin price chart that a consistent pattern of expansion always follows consolidation. The first major leg happened between October 2023 and March, when the Dogceoin price rose from $0.06 to $0.23: a 300% increase.

The consolidation followed, with DOGE dropping to the $0.09 range. In the second leg, the Dogecoin price increased from $0.09 to reach a peak of $0.48 between August and December 2024. This growth represented a 500% rise from its base.

The retracement pushed the Dogecoin price back to the $0.18–$0.20 range. With the third beginning in mid-2025, when DOGE rebounded from the $0.18 zone, Bitcoinsensus has predicted that the Bitcoin price could increase by 800% to reach a new ATH of $1.6.

In Summary

Bitcoin’s recent pump has set optimistic predictions for Q4, which is driven by growing demand and institutional accumulation. Meanwhile, Dogecoin could ride historical momentum waves to a new milestone above $1. 

About Author

Milko Trajcevski

About Author

Milko Trajcevski

Milko Trajcevski

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