SEC Reconsiders Grayscale ETF, Bitcoin Eyes 30% Gain

As the third quarter of 2025 unfolds, the cryptocurrency sector has witnessed several significant developments, with the U.S. Securities and Exchange Commission's reconsideration of Grayscale’s cryptocurrency basket ETF being a standout event. This move has sparked discussions about the potential trajectory of the market for the remainder of the quarter, with several optimistic predictions emerging.

Historical trends have been favorable for Bitcoin holders, as the anticipated "sell and go on vacation" trend in May did not materialize, despite a slight dip in trading volumes. Bitcoin has maintained its strength above $109,500, and upcoming trade announcements with nations such as Vietnam and India could provide additional positive momentum. Cryptocurrency analyst Lark Davis speculates that if historical patterns continue, Bitcoin could reach $140,000 by the end of the quarter. This prediction is based on the historical trend of Bitcoin seeing an average increase of 15.48% in July and 36.51% in August, equating to a total increase of approximately 57% in just 62 days. A 30% movement from the current price could indeed take Bitcoin to $140,000. While the future is uncertain, current conditions suggest a feasible path to this price point if July’s tariff-related challenges resolve favorably and if Federal Reserve decisions inspire confidence.

Roman Trading, known for timely predictions, highlighted the holiday week’s impact on the market, resulting in low trading volumes and a lack of significant price fluctuations. The analyst advises traders to exercise caution, noting that the week’s US market closures might provide an opportunity for President Trump to address ongoing tariff disputes. Meanwhile, the potential for market volatility looms with U.S. employment data scheduled for release. At the start of this week, the analyst suggested approaching any BTC moves cautiously, as it is a holiday week in the U.S. with over 50% of the workforce on vacation. This applies to both upward and downward moves, and a clearer picture will emerge next week.

ETHBTC remains a pivotal indicator for altcoin performance. With ETHUSDT crossing $2,600 and ETHBTC rebounding to crucial levels, further gains for altcoins are anticipated if ETHBTC breaches the upper resistance ranges. Key takeaways from current crypto trends include the potential for Bitcoin to reach $140,000 if positive historical trends are followed, the temporary slowdown in market movements due to the holiday season, and the crucial role of ETHBTC movements in predicting potential altcoin surges. Looking ahead, market participants are hopeful that continued negotiations and critical economic data will pave the way for a prosperous finish to 2025’s third quarter, allowing cryptocurrencies to meet and potentially exceed projected highs.

Bitcoin has been making significant strides, with analysts and market participants predicting that the cryptocurrency is poised to reach new heights. There is an 81% chance that Bitcoin's price will surge before October, fueled by various factors including institutional buying and broader market trends. Institutional investors have been increasingly bullish on Bitcoin, with a surge in buying activity noted in the second quarter of 2024. This institutional interest is expected to drive the cryptocurrency to new highs in the latter half of 2024. The momentum in the crypto market has been particularly strong, with Bitcoin recently surpassing the $109,000 mark, reaching a peak of $109,491. This surge has elevated the overall crypto market, indicating a robust bullish trend.

Analysts have linked Bitcoin's recent surge to the rising M2 money supply, suggesting that increased liquidity in the market could drive further price appreciation. This liquidity could continue to fuel Bitcoin's price, potentially leading to new highs. Additionally, the Elliott Wave analysis indicates that Bitcoin is poised for a significant rally, with the potential to reach new heights if the current wave pattern holds. Standard Chartered has also weighed in on Bitcoin's future, predicting that the cryptocurrency could hit $135,000 by the second half of 2025. This projection is based on the continued institutional adoption and favorable market conditions. The recent price surge, reaching a new all-time high of over $93,000, has been attributed to a mix of factors, including institutional adoption and broader market trends.

Overall, the outlook for Bitcoin remains highly optimistic, with multiple analysts and market participants predicting that the cryptocurrency will continue to surge in the coming months and years. The combination of institutional buying, favorable market conditions, and increasing liquidity suggests that Bitcoin is well-positioned to reach new heights in the near future.