The October 2025 high was on 6 October, just over $126,000. In July 2026 the price briefly traded around $58,000. At the time of writing Bitcoin is around $72,000.
Pattern of strong rise followed by price correction
Looking back at Bitcoin’s history you regularly see the same pattern: a strong rise (like the one that peaked in October 2025) followed by a sharp price correction (a dip).
In the chart you can clearly see that strong price rises (sometimes of several hundred percent) are almost always followed by a correction of more than 40%. After the $1,163 top in 2013 the price fell to $152. After almost $20,000 in 2017 it dropped to $3,122. After $69,000 in 2021 it went to $15,479. And after $126,272 in October 2025 we are in the same kind of dip again. This pattern keeps repeating in Bitcoin.
It is also striking that each correction has ended higher than the price before that huge rise began. The effect is that the price keeps rising over the longer term.
How long can Bitcoin keep rising?
Nobody has a crystal ball for how high Bitcoin can go. There are, however, a few fundamentals that still support higher prices over the longer term.
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The supply of new bitcoins keeps shrinking. Every 4 years the number of new coins is halved. The last halving was in April 2024; the next is around 2028. At the same time demand keeps growing: besides retail buyers, large investors now also buy via spot Bitcoin ETFs.
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More and more large investors treat Bitcoin as a full asset class, alongside gold and stocks. What was still an expectation in 2018 is now practice: institutions hold Bitcoin in their portfolios.
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The first spot Bitcoin ETFs were approved by the SEC in January 2024. Large institutional investors can now buy Bitcoin through their existing brokerage accounts — the step people were still waiting for in 2018.
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The Lightning Network is no longer a promise; it is live. It makes Bitcoin payments fast and cheap, as an extra layer on top of the blockchain. For everyday payments it is a serious complement to bank and credit-card transactions.
