Will Bitcoin Break Out or Remain Range-Bound in October?

Bitcoin broke new ground in October 2025, reaching a record high of nearly $126,000, marking a surge of optimism for the cryptocurrency market. However, recent AI predictions suggest that sustained price gains are unlikely this month. Instead, the world’s largest cryptocurrency is expected to remain within a tight trading range between $108,000 and $123,000 according to CryptoQuant analyst CryptoOnchain. Their model, based on an NBeats Ensemble deep learning model trained on 379 on-chain features, suggests this price consolidation, with activity likely concentrated in the upper half of the range.