Prominent research analyst Ash Crypto predicted at the beginning of the month that Bitcoin would drop closer to the $106,000 level in October, while Ethereum would drop near $3,800 or lower. His predictions proved to be correct.

However, Ash Crypto also predicted that the last quarter of the year would be Bitcoin’s most successful quarter. He said the asset’s price would soar to $150,000 and spark an altcoin season.

On October 1, crypto researcher Ash Crypto posted a bold prediction on his Twitter account about the crypto market’s movement for the remainder of the month and through the end of the year.

“I think we are seeing a pump to make everyone believe PUMPtober is real and soon we can get a nasty drop where Bitcoin dumps closer to the $106k level and ETH dumps near $3800 or lower, and everyone will think Uptober is canceled,” his tweet read.

The market crash last weekend proved him right.

The catalyst was President Trump’s aggressive announcement of a 100% tariff on Chinese products, which plunged the global crypto market. Bitcoin dropped to a low of $105,000, and Ethereum briefly sank as low as $3,500. The sell-off was even more severe for most other altcoins.

If this week’s events confirmed the first half of his prediction, then the second half offers hope to a market still reeling from a moment of sudden ruin.

Although Ash Crypto’s prediction for the rest of October paints a bleak picture, his forecast for the remainder of the year offers a welcome refuge for investors.

According to him, the crypto market will enter an unprecedented bull phase during the last quarter of 2025. This latest bear phase would send investors a message that the recent upward trend in crypto is finished, causing them to short en masse.

When pessimism is at its maximum, the market will reverse, producing massive percentage gains, likely starting in the last 10 days of October.

“Then October monthly will close with a massive % gain, and the Q4 parabolic pump will start, which will send BTC to $150k-$180k, ETH to $8k-$12k, and the TRUE alt season will finally begin, sending alts 10x-50x in just 3-4 months,” Ash Crypto predicted.