According to Woofun AI, BTC recorded its highest weekly close in 35 weeks after three straight weeks of gains, a development analyst Kerang views as a strong bullish signal, and based on historical data he predicts it could break through the $100,000 mark by year-end.

Data compiled by Woofun AI shows that since 2012, BTC has experienced 47 instances of three consecutive weekly gains. In the following two and four weeks, the probability of further gains was 63%, rising to 65% after eight weeks, 71% after 13 weeks, and 75% after 26 weeks; the average gain over 13 weeks was about 26%, corresponding to a year-end target price of $108,000.

If only data since 2018 is referenced, the gain is conservatively estimated at 18%, but it would still break into six-figure territory.

In an October 5 podcast, Kerang stressed that the probability of BTC reaching $100,000 before the end of 2026 is higher than the probability of failure.

Regarding short-term movements, Kerang pointed out that over longer timeframes the probabilities of BTC continuing to rise are 65%, 70%, and 75%, respectively, with an average gain of nearly 40% over 26 weeks.

He expects BTC to rise again within the next three to six months, with an October target of at least $90,000, potentially reached by mid-month, though the statistical support for breaking above $95,000 is weaker.

On the pullback side, the first support zone is $84,000 to $84,800, followed by $82,800; a retracement to $83,000 to $84,000 would still be consistent with a bullish trend.

As long as the price holds above $84,800, the $88,500 to $90,000 target remains achievable; should it fall below $80,000, the bullish setup could be invalidated.

Current market sentiment is in a neutral state, well below the levels typically associated with market tops.