Simply Bitcoin

Uptober Is HERE | Will Trump's Stimmy Checks Send Bitcoin to $1,000,000?! | Bitcoin Simply

Oct 4, 2025
Bitcoin's surge past $120K signals a thrilling Uptober as speculation rises about Trump's proposed stimulus checks potentially sending Bitcoin to $1,000,000. Historical trends show that past checks dramatically boosted Bitcoin's value. Discussions highlight MicroStrategy's ambitious strategies, JP Morgan's valuation predictions, and institutional interest in Bitcoin ETFs. Meanwhile, the podcast critiques global resistance to digital currencies and advocates for self-custody, positioning Bitcoin as a path to financial freedom.
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INSIGHT

Uptober's Historical Power

  • Uptober historically brings strong October gains for Bitcoin, often reversing prior sell-offs.
  • Dante links the current rally and Trump stimulus talk to a potential continuation of the bull run.
ANECDOTE

2020 Stimulus To Bitcoin Surge

  • Dante recounts March 2020 stimulus timing when Bitcoin jumped from $6.5K to $58K within a year.
  • He frames a $1,200 check as generational wealth that multiplied dramatically in BTC terms.
INSIGHT

October Correlation And Targets

  • October has averaged about 20% gains for Bitcoin since 2013, and positive Septembers often precede green Octobers.
  • Dante uses this historical correlation to project a near-term $138K target if the pattern holds.
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