According to the source, BTC briefly traded above $123,000 on Oct 3, 2025, but traders should treat this as unconfirmed until corroborated by major spot exchange data. Source: public X post dated Oct 3, 2025; verification via Coinbase and Binance spot price feeds. A confirmed push above $123,000 would mark a new all-time high versus the prior peak near $73,800 on Mar 14, 2024, elevating breakout risk and volatility. Source: Coinbase BTC-USD historical data. For confirmation and trade timing, watch for a daily close above $123,000 with rising spot volume on Coinbase/Binance and neutral-to-moderate funding on Binance/Bybit; extreme positive funding often precedes pullbacks. Sources: Coinbase and Binance volume dashboards; Binance Futures and Bybit funding methodology; Glassnode and Kaiko market microstructure research. Key levels to monitor if the breakout is confirmed: support near $120,000; resistance around $125,000 and $130,000, as round-number clustering often anchors order flow. Sources: observed clustering on major exchange order books; Kaiko order book analytics; academic literature on round-number effects in markets. Seasonality remains a supportive backdrop as October has historically been one of BTC’s stronger months (Uptober), but traders should still rely on real-time price, funding, open interest, and spot-futures basis for confirmation. Source: CoinGlass monthly BTC returns dashboard; CME/derivatives basis tracking via Kaiko/Glassnode.