Bitcoin price prediction: Can BTC hit $90,000 in October as oil tops $100 and Fed rate hike fears rise?
India, Oct. 1 -- Bitcoin is entering October 2026 with a key question for investors: Can it climb to $90,000? The cryptocurrency was trading at around $83,070 as October approached. Its next move could depend on the US Federal Reserve's interest-rate decision, oil prices above $100 a barrel and demand for Bitcoin investment funds.
Bitcoin has recorded a strong rally over the past three months, but it has not fully recovered its losses. The cryptocurrency gained about 43.8% over the past 90 days, rising from around $57,800 in early July. However, it remained about 3.8% lower for 2026 and 34.1% below its record high of $126,080, reached on October 6, 2025, according to 24/7 Wall St.
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