Bitcoin is trading near $84,000: How high will BTC go in October?

Historically, the top crypto asset by market cap has performed well during the month, averaging gains of more than 18% and positive returns in 10 of 13 years, according to data from CoinGlass.

October’s historical tendencies have even earned it a nickname for crypto traders: “Uptober.” 

How might Bitcoin fare this year? Traders on Kalshi are forecasting $91,000, with odds for it exceeding the marker trading at 52% as the month begins. 

^{For informational purposes only. Not trading advice. See full disclaimer below.}

Bitcoin steadies around $84,000

Just more than a week ago, Bitcoin surged above $86,000 for the first time since January, sending a surge of euphoria through the crypto markets. Since that time though, BTC has slipped before consolidating around $84,000, recently changing hands at $84,300 on Thursday afternoon. 

At that marker, the price has been largely flat, gaining just 0.6% in the last seven days of trading, according to data from CoinGecko. 

Uptober? How high will Bitcoin get in October?

Despite those potential headwinds, Kalshi traders are forecasting higher for Bitcoin this month. Just how much higher though will BTC go? 

It fell 3.69% in October 2025, but in the two years prior BTC rose 10.7% and 28.5%, respectively. A significant jump is not out of the question, though traders make odds of a move above $87,500 the most likely outcome during the month, priced at 72% at the time of trading.