- Bitcoin dominance shows a decline, signaling a potential shift towards altcoins.
- Eric Trump predicts an “unbelievable” Q4, following a strong September rally.
- Bitcoin surged past $114K, its best performance since 2012, despite lagging Q3 results.
Bitcoin’s price surged past $114,000 on September 29, 2025, marking one of its strongest rallies in recent years. This surge follows a brief test of support near $107,000 earlier in the month. Bitcoin’s performance has notably defied its typical weakness in September, a month historically known for underperformance in the cryptocurrency market.
This strong movement comes as Bitcoin emerges from a descending wedge formation on the short-term charts, signaling a potentially bullish breakout. According to technical analysts, this setup could lead to a price push toward $120,000.
Bitcoin Dominance Decline Points to Shift Toward Altcoins
The decline in Bitcoin’s dominance is a trend that has emerged around the same time as previous cycles. The Bitcoin dominance chart reveals similar patterns from September 2020 and September 2021, where dominance increased before sharply falling, signaling the start of an altcoin season.
In September 2025, Bitcoin’s dominance began to show signs of waning once again, a shift that aligns with historical cycles in the cryptocurrency market.
The decline in dominance suggests that altcoins may soon experience a period of growth. As Bitcoin’s dominance declines, investors often turn to altcoins, which can capture a larger market share.
Eric Trump Anticipates Unbelievable Q4 for Bitcoin
Eric Trump, a long-time cryptocurrency advocate, has shared his optimistic forecast for Bitcoin’s future. Speaking in a recent interview, Trump predicted an “unbelievable” fourth quarter for Bitcoin, based on global monetary trends and a historical tendency for Bitcoin to perform well in Q4.
He pointed out that Bitcoin has averaged significant quarterly gains in past years, and Q4 has often seen average increases of approximately 85%.
Trump also urged investors to consider Bitcoin as a long-term investment, emphasizing the importance of holding through periods of volatility. “Volatility is your friend. Buy right now. Shut your eyes. Hold it for the next five years,” Trump stated. His comments echo those made at a Bitcoin conference in Hong Kong, where he reiterated his confidence in Bitcoin’s potential to reach new heights.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
