October - a.k.a. “Uptober” - is historically strong for crypto. Lark Davis says momentum and macro are lining up for a bullish Q4.

Key Points from Lark Davis

Key Highlights:

  • Seasonal strength

    Key Highlights:

    • Bitcoin closed September green - historically this precedes an average +51% Q4.

    • That setup points to BTC potentially reaching $150K–$160K by December.

  • Macro tailwinds

    Key Highlights:

    • US manufacturing (ISM) may be turning expansionary after ~3 years below 50 - a sign the business cycle could pick up in Q4.

    • Global liquidity trends are supportive for risk assets.

  • Market momentum

    Key Highlights:

    • BTC jumped from ~$114K to ~$119K in a day - MACD and RSI are improving.

    • If a new impulse is starting, Lark maps a path to ~$135K first, then $150K–$160K by year end.

    • Strategy tip - look for pullbacks to the 20-day EMA for higher-probability entries.

  • Altcoin outlook

    Key Highlights:

    • Broad alt indices show cup-and-handle style breakouts - altcoin impulse may be underway.

    • Watch Solana ($450–$500) and Ethereum (~$7K) if momentum holds.

    • Meme and small caps can run if the rally broadens - but expect volatility.

  • Zcash spike

    Key Highlights:

    • ZEC surged after Naval’s privacy comments - Lark is cautious since past ZEC pumps faded quickly.

Final Takeaway

Lark’s view: Q4 looks bullish - Bitcoin could aim for $150K+ with altcoins following. Expect sharp pullbacks along the way and avoid chasing vertical pumps - buy strength on retests instead.

Benjamin Cowen – The US Government Shutdown (01.10.2025 Summary)
Previous Post
Benjamin Cowen – The US Government Shutdown (01.10.2025 Summary)