
{"id":100594,"date":"2025-09-29T15:50:11","date_gmt":"2025-09-29T15:50:11","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=100594"},"modified":"2025-09-29T15:50:11","modified_gmt":"2025-09-29T15:50:11","slug":"bitcoin-surges-past-114k-as-eric-trump-predicts-an-unbelievable-q4","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=100594","title":{"rendered":"Bitcoin Surges Past $114K as Eric Trump Predicts an \u2018Unbelievable\u2019 Q4"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-surges-past-114k-as-eric-trump-predicts-an-unbelievable-q4\">Bitcoin Surges Past $114K as Eric Trump Predicts an \u2018Unbelievable\u2019 Q4<\/a><\/p>\n<div><\/div>\n<p>Bitcoin <a href=\"https:\/\/x.com\/BitcoinMagazine\/status\/1972672608886829497\" target=\"_blank\" rel=\"noopener\">surged<\/a> past $114,000 on Monday, extending a rally that has defied its usual September weakness. The move comes after bitcoin briefly tested support near $107,000 earlier this month, only to rebound over the course of the month.<\/p>\n<p>The gain marks bitcoin\u2019s strongest September since 2012, with prices up roughly 8% on the month. Technical traders <a href=\"https:\/\/ca.finance.yahoo.com\/news\/btc-eyes-120k-bullish-h-092329354.html\" target=\"_blank\" rel=\"noopener\">note<\/a> that BTC has broken out of a descending wedge formation on the short-term charts \u2014 a bullish setup that, if confirmed, could open the door to a push toward $120,000.\u00a0<\/p>\n<p>What makes the advance particularly notable is the backdrop of historically low volatility. Bitcoin historically underperforms in September but then surges in October, November and December.\u00a0<\/p>\n<div class=\"wp-block-embed__wrapper\">\n<p><a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#Bitcoin<\/a> historically underperforms in September but then RIPS up in October, November and December  <\/p>\n<p>Bullish on Q4  <a href=\"https:\/\/t.co\/Pep7lrSgGR\">pic.twitter.com\/Pep7lrSgGR<\/a><\/p>\n<p>\u2014 Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/1971602304492331401?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">September 26, 2025<\/a>\n<\/p><\/div>\n<p>Despite the latest breakout, bitcoin\u2019s third-quarter performance has lagged behind its peers. BTC posted gains of about 7% in Q3 2025, a stark contrast to Ethereum\u2019s 68% <a href=\"https:\/\/www.binance.com\/en\/square\/post\/29742923577002\" target=\"_blank\" rel=\"noopener\">rally over the same period<\/a>.<\/p>\n<h2 class=\"wp-block-heading\">Eric Trump predicts that Q4 will be \u201cunbelievable\u201d<\/h2>\n<p>Bitcoin\u2019s rally has drawn fresh commentary from Eric Trump, executive vice president of the Trump Organization and a longtime crypto advocate.\u00a0<\/p>\n<p>In <a href=\"https:\/\/x.com\/BitcoinMagazine\/status\/1971681230417809856\">recent interviews<\/a>, Trump reiterated his bold $1 million price target, urging investors to buy now.<\/p>\n<p>\u201cVolatility is your friend. Buy right now. Shut your eyes. Hold it for the next five years,\u201d Trump said.<\/p>\n<p>Trump argued that global monetary easing and a swelling money supply will ultimately propel bitcoin much higher. He also pointed to seasonality, noting that Q4 has historically been bitcoin\u2019s strongest quarter, averaging gains of roughly 85% in prior cycles.\u00a0<\/p>\n<p>The remarks <a href=\"https:\/\/bitcoinmagazine.com\/markets\/eric-trump-said-the-bitcoin-price-is-definitely-going-to-1-million-at-bitcoin-asia\">echoed his August appearance<\/a> at a Bitcoin conference in Hong Kong, where he told attendees, \u201cWe haven\u2019t even scratched the surface.\u201d\u00a0<\/p>\n<p>The comments come as the Trumps have expanded their bitcoin and crypto ventures over the past year. <a href=\"https:\/\/bitcoinmagazine.com\/tags\/eric-trump\">Eric Trump<\/a> and his brother Donald Trump Jr. <a href=\"https:\/\/bitcoinmagazine.com\/news\/trump-family-backed-american-bitcoin-to-start-trading-on-nasdaq-today\">co-founded American Bitcoin<\/a>, a mining company in which the Trump siblings hold roughly 20% ownership, with the remainder controlled by Hut 8. The firm recently secured $220 million in funding and is preparing for a September Nasdaq listing via its merger with Gryphon.<\/p>\n<h2 class=\"wp-block-heading\">Bitcoin to $200,000 this year?<\/h2>\n<p>Historically, the fourth quarter has delivered some of bitcoin\u2019s biggest rallies \u2014 averaging gains of about 85% between 2013 and 2024. Recent years fit the pattern: bitcoin surged 48% in Q4 2024 and 57% in Q4 2023, according to market data.<\/p>\n<p>In past bull cycles, the moves were even more dramatic, with Q4 2017 delivering a 215% jump and Q4 2020 soaring 168%, each setting the stage for massive follow-through rallies.<\/p>\n<p>Earlier this month, Fundstrat\u2019s Tom Lee <a href=\"https:\/\/www.youtube.com\/watch?v=XcyFJ6KYoL0&amp;t=304s\" target=\"_blank\" rel=\"noopener\">reiterated<\/a> his $200,000 target for 2025, and prediction markets still assign a small probability of <a href=\"https:\/\/polymarket.com\/event\/what-price-will-bitcoin-hit-in-2025\/will-bitcoin-reach-200000-by-december-31-2025?tid=1759159050167\" target=\"_blank\" rel=\"noopener\">hitting that milestone<\/a> by year-end.\u00a0<\/p>\n<p>Adding fuel, monetary policy appears to be turning supportive: with the Federal Reserve <a href=\"https:\/\/bitcoinmagazine.com\/markets\/fed-rate-cut-boosts-bitcoin-price-ahead-of-q4-melt-up\">cutting interest rates<\/a>, risk assets \u2014 including crypto \u2014 could be poised for another late-year rally.<\/p>\n<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-surges-past-114k-as-eric-trump-predicts-an-unbelievable-q4\">Bitcoin Surges Past $114K as Eric Trump Predicts an \u2018Unbelievable\u2019 Q4<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/micahzimmerman\">Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Bitcoin Surges Past $114K as Eric Trump Predicts an \u2018Unbelievable\u2019 Q4 Bitcoin surged past $114,000 on Monday, extending a rally that has defied its usual September weakness. The move comes after bitcoin briefly tested support near $107,000 earlier this month, only to rebound over the course of the month. The gain marks bitcoin\u2019s [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":100595,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-100594","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/100594"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=100594"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/100594\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/100595"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=100594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=100594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=100594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}