Episode 370
Bitcoin Fortress — Episode 184
Date: October 5, 2025
Block Height: 917,785
Moscow Time: 810
Fees: 1 / 1 / 2
1) Bitcoin prints a new all-time high above ~$125,000
https://www.reuters.com/world/asia-pacific/bitcoin-hits-all-time-high-above-125000-2025-10-05/
2) ETF flows rebound: second-highest weekly inflows
https://www.theblock.co/post/373425/bitcoin-etfs-rebound-with-second-highest-weekly-inflows-since-launch-as-btc-approaches-all-time-high
3) IBIT crosses ~$95B AUM milestone
https://www.blackrock.com/us/individual/products/333011/ishares-bitcoin-trust
4) Daily flows early October show absorption
https://farside.co.uk/btc/?utm_source=chatgpt.com
5) Macro shock + “Uptober” narrative
https://www.coindesk.com/markets/2025/10/02/bitcoin-surges-above-usd119k-as-u-s-government-shutdown-takes-effect-btc-options-look-cheap
6) Rate cut recap & outlook
* (as previous) Reuters Fed coverage
7) Citi trims BTC / lifts ETH
https://www.reuters.com/business/citigroup-lifts-ether-outlook-trims-bitcoin-view-shifting-investor-flows-2025-10-02
8) JPM spot path to $165k
https://www.theblock.co/post/373241/jpmorgan-bitcoin-price-165000-debasement-trade
9) CryptoQuant Q4 $160k–$200k path
https://www.theblock.co/post/373121/bitcoin-price-160000-200000-q4-cryptoquant
10) Mining difficulty record (~150.84T)
https://www.coindesk.com/markets/2025/10/02/bitcoin-mining-hits-toughest-level-yet-while-hashprice-slides
11) Forecasted downward difficulty
https://www.coinwarz.com/mining/bitcoin/difficulty-chart
12) Rig order boom
https://www.cointelegraph.com/news/canaan-shares-surge-50-000-rig-bitcoin-mining-deal
13) Leverage returns
https://www.coindesk.com/markets/2025/09/30/leveraged-bitcoin-longs-are-back-in-force-trading-firm-says
14) Options cheap call activity
https://www.coindesk.com/markets/2025/10/02/bitcoin-surges-above-usd119k-as-u-s-government-shutdown-takes-effect-btc-options-look-cheap
15) SEC generic ETF listing rules
(see prior reference on SEC listing changes)
16) ETF filing wave