Bitcoin Price News: The chances of a breakout in October remain low despite a new all-time high
Key points: Bitcoin (BTC) reached a new all-time high above $125,000 before consolidating near $124,000. AI-based forecasts show low chances for a major breakout in October. Analysts are targeting $150,000 after a potential short-term pullback to $118,000–$121,000. The overall focus shifts to Federal Reserve comments as the U.S. government shutdown delays key economic data. Market sentiment remains in the "greed" zone but without extreme levels, suggesting that traders expect consolidation. Bitcoin maintains its proximity to the all-time high as traders watch $150,000.