An account that predicted a 8x gain from August's BTC surge 5 days in advance believes BTC can reach $90k this month.

According to PolyBeats monitoring, as of October 19, BTC spot is fluctuating in the $82k–$83k range. On the prediction market Polymarket, the probability of "BTC hitting $90k in October" is about 22%. At the current price, it is roughly 8%–10% away from $90k.

0x6a80945efec2e has a total of 10 settled trades in the monthly price section, with a win rate of 60%, PnL +$16.4k, and ROI +235.7%. This bet is 1.35 times the average bet size of this position sample for this account. The account previously predicted in August that "BTC will stand above $75k/$72.5k in August" and achieved an ROI of +871%.

On October 8, QCP Capital outlined its base case at $80k–$90k in its Q4 outlook: roughly $80k–$82k is viewed as a buyable range, and if ETF inflows do not recover noticeably, it tends to trim positions at around $88k–$90k. The bearish case points to rising oil prices driven by escalating Middle East conflicts, further Fed rate hikes, renewed net outflows from ETFs, and even forced selling by corporate treasury holders, with prices potentially falling below around $68k–$70k.

On October 14, Matt Mena, senior crypto research strategist at 21Shares, told Bitcoin.com News that after near-term macro data such as PPI are released and as the Fed meeting approaches, the market may test the $85k resistance again, and said, "Although a pullback to around $81k is still possible, we believe that after the remaining macro uncertainty clears, risk appetite is more biased toward breaking above $85k and heading toward $90k."