Bitcoin has strong momentum, with the latest updates reflecting growing confidence in the market. Institutional investment strategies are registering high profits as important analysts recognize the achievement of new milestone highs for the BTC price. As the monthly chart comes to a close, the market appears ready for positive price action.
Prominent crypto analyst Crypto Rover pointed out the fact that Michael Saylor’s Bitcoin strategy has shown $2.8 billion in unrealized profits for the Q3 2025 reporting period.
This phenomenal gain reflects the faith that institutional investors have been reposing in the digital currency and the profits that can be derived from investing heavily in the cryptocurrency.
At press time, BTC is trading at $109,226, with a 24-hour trade volume of $121.02 billion. Its market capitalization currently stands at $2.18 trillion. The BTC has shown a 1.3% decrease in the last 24 hours. This indicates that the market experiences fluctuations in the short term.

Also Read | Bitcoin Under Pressure: Long-Term Holders Sell $293 Million Daily as Demand Softens
On the back of the positive sentiment, popular analyst Ash Crypto pointed out that BTC has just broken above $110,000. This has triggered quite the hype in the crypto space. The $110,000 milestone has been a long-awaited one among cryptocurrency enthusiasts.

The reason why this week is very important has to do with the fact that the Pumptober candle closes at the end of the week. In fact, the end of a positive candle can sometimes create the perfect setting for the continuation of the positive trend. Analysts believe that if the positive trends continue, BTC will see a strong boost.
While some fluctuations can be expected in the short term, the general outlook seems quite positive. With the inclusion of high-profile gainers, milestone levels, and chart patterns for the month, the market can look forward to a possible surge in the days to come.
As the price of Bitcoin currently seems to be holding above $110K, the entire world of cryptocurrency seems to be waiting for the next development. This could culminate in a strong breakout phase or a period of consolidation for the cryptocurrency.
Also Read | Soaring Bitcoin ETF Inflows: $839M Amid Gold’s Slump