Bitcoin Eyes $150K After Leveraged Flush Anchors Price to $123K

• Bitcoin consolidates at $123,000 after an 8% leverage flush.
• Analysts predict potential upside toward $140,000–$200,000 by year-end.

On October 9, 2025, Bitcoin's price consolidated around $123,000 following an 8% shakeout in leveraged futures positions, according to Cointelegraph. This event has sparked renewed confidence among buyers, with a potential key demand zone emerging near the $120,000 level.

Analysts are closely monitoring shifts in market dynamics, particularly the declining open interest in Bitcoin futures contracts. This reduction is often associated with less speculative trading activity, potentially paving the way for more sustainable price movements.

Additionally, a favorable Market Value to Realized Value (MVRV) ratio has been observed. This metric, which compares Bitcoin's market valuation to its realized valuation, suggests current prices are not excessively inflated. Analysts note that this trend indicates a 15% to 25% upside in the fourth quarter of the year.

A bullish scenario projects Bitcoin prices moving toward the $140,000–$150,000 range during Q4. This outlook reflects growing optimism that buyers could drive upward momentum over the next three months, provided market conditions remain supportive.

Longer-term projections for year-end are even more optimistic. Analysts believe that under scenarios involving increased adoption, higher institutional interest, and favorable macroeconomic factors, Bitcoin could reach between $170,000 and $200,000 before 2026.

As of October 9, 2025, 16:12 UTC, Bitcoin (BTC) is trading at $121,358.73, with a 1.02% decline in 24-hour trading volume, according to CoinMarketCap.