Bitcoin is closing in on its first three-month winning streak since 2012, according to market data cited by CoinDesk and 24/7 Wall St. BTC traded around $84,169 on Wednesday, down 0.06% after touching $87,000 earlier in the week. The cryptocurrency gained 4.8% in July, 25.2% in August and about 10.9% in September, and needs a September close above $78,563 to confirm the streak. Spot Bitcoin ETFs now hold 6.3% of all BTC supply and absorbed nearly $999 million in one September session. Fundstrat’s Sean Farrell told Yahoo Finance that the breakout looks credible, while resistance sits near $87,000 and $90,000 is the next target.
Analysts note the last comparable streak in 2012 was followed by a sharp October dip and then a rally from about $10 to $230 by April 2013, a move of more than 2,000% in 165 days. Friday’s $15.6 billion options settlement includes roughly 106,200 calls versus 75,900 puts, according to Decrypt, suggesting large positions lean bullish. The near-term Bitcoin range is estimated at $80,000 to $90,000 into October, with $100,000 described as the bull case.
Alongside the Bitcoin data, the article heavily promotes the Pepeto presale, stating it has cleared more than $11.05 million before an expected Binance listing. Pepeto is described as an Ethereum-based exchange token with zero-fee swaps, contract scanning, a bridge to Ethereum, Solana and BNB Chain, staking at 162% APY and a presale price of $0.0000001897. The promotional text credits Pepe’s cofounder and a former Binance executive, and claims a potential 150x return if the project matches Pepe’s prior $11 billion valuation. However, the article is presented as sponsored content and includes a disclaimer that it does not endorse investing in the project.
