Key points:
Bitcoin is running out of time to seal “golden week” gains that have been standard since 2015.
BTC price action needs to reclaim $116,000 by the Wednesday daily close, research shows.
Crypto markets may enjoy a last-minute lift from US interest-rate cuts.
Bitcoin ( BTC ) has hours to save its standard October “golden week” as price struggles to maintain $113,000.
Data from network economist Timothy Peterson published on X demands that BTC/USD gain 7% by the end of the day Wednesday.
Bitcoin Uptober rescue starts with $116,000 reclaim
Bitcoin seasonality remains in focus as a disappointing “Uptober” comes to an end.
For Peterson, one area of interest is the weekly chart — and three seven-day periods in particular.
Historical data shows that since 2015, BTC price has enjoyed three reliably successful weeks each year, one each in February, March and October.
The October “golden week,” which ends on Wednesday, has delivered 7% upside in the past. BTC/USD hit the target ahead of time when it tapped $116,000 Tuesday, but has since fallen back.
“Oct 29th marks the end of one of Bitcoin's three golden weeks when, in a typical year, Bitcoin gains 7% in a 7 day period (the others are in March and February),” Peterson said.
At current levels, golden-week gains stand at around 4.5%, another letdown for Bitcoin bulls who have watched October gains fizzle into flat performances month-to-date.
Peterson nonetheless reveals that the situation may not be all bad news. Previous price seasonality research shows that the Bitcoin bull market is still on track for new all-time highs above $160,000 in December.
Bitcoin seasonality, which I have been following all year, is still tracking the 30th percentile. This implies a price of $162,000 in December. pic.twitter.com/oETxhuvLBz
— Timothy Peterson (@nsquaredvalue) October 20, 2025
Hopes for the Fed and China trade deal
As Cointelegraph continues to report , crypto and risk-asset tailwinds are stacking up into the monthly close.
Related: Mt. Gox delays $4B Bitcoin repayments: Bullish or bearish for BTC price?
The US Federal Reserve is expected to continue cutting interest rates at its meeting on Wednesday, while the US and China work on a last-minute deal to avert punitive trade tariffs.
Technical signals for Bitcoin, despite the latest dip, also remain promising in the short term. The relative strength index ( RSI ) continues to rebound on hourly timeframes after printing a hidden bullish divergence .
