Bitcoin Experiences Pullback: $130,000 Target Remains in Sight for October

After a significant surge from $108,000 to $125,000, Bitcoin has experienced its first notable decline. While this dip reignited discussions about the current market cycle’s potential top, seasoned analysts see it as a temporary correction. Their assessment is based on historical patterns showing a typical pause following strong uptrends before continuing upward. Current market indicators suggest a local bottom around $119,000 could be forming, potentially acting as support for further gains. 7th October 2025 sees experts predicting $130,000 as a realistic target for Bitcoin in October.