{"id":406770,"date":"2025-10-01T17:20:50","date_gmt":"2025-10-01T11:50:50","guid":{"rendered":"https:\/\/dripp.zone\/news\/bitcoin-could-the-u-s-government-shutdown-spoil-btcs-uptober-rally-crypto-news\/"},"modified":"2025-10-01T17:32:43","modified_gmt":"2025-10-01T12:02:43","slug":"bitcoin-could-the-u-s-government-shutdown-spoil-btcs-uptober-rally-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoin-could-the-u-s-government-shutdown-spoil-btcs-uptober-rally-crypto-news\/","title":{"rendered":"Bitcoin: Could the U.S. Government shutdown spoil BTC\u2019s \u2018Uptober\u2019 rally? &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<h2><strong>Key Takeaways\u00a0<\/strong><\/h2>\n<h3><em><span style=\"font-weight: 400;\">What are analysts expecting for Bitcoin amid the shutdown?\u00a0<\/span><\/em><\/h3>\n<p>Views were mixed, with Options skew leaning bearish and BTC capped at $118K resistance despite spiking to $116K.<\/p>\n<h3><em><span style=\"font-weight: 400;\">Is a Q4 rally still possible for BTC?\u00a0<\/span><\/em><\/h3>\n<p><span style=\"font-weight: 400;\">Yes, according to Swissblock, a local bottom could be formed soon.\u00a0<\/span><\/p>\n<hr\/>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/category\/bitcoin-news\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">Bitcoin [BTC<\/span><\/a><span style=\"font-weight: 400;\">] and the broader crypto market face uncertainty after the U.S. government shutdown kicked off. Lawmakers failed to agree on funding bills, leaving traders to price in prolonged gridlock.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As of press time, the market expected the standoff to extend for 15 days, per the prediction site <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/polymarket.com\/event\/when-will-the-government-shutdown-end\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\"><span style=\"font-weight: 400;\">Polymarket<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0 But the near-term outlook was mixed, according to analysts.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Since 2013, BTC has witnessed five shutdowns, but only rallied in three.\u00a0<\/span><\/p>\n<div id=\"attachment_533247\" style=\"width: 2464px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/BTC-US-Government-shutdowns.jpg\" data-wpel-link=\"internal\"><noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-533247\" class=\"size-full wp-image-533247\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/BTC-US-Government-shutdowns.jpg\" alt=\"Bitcoin U.S Gov\" width=\"2454\" height=\"1344\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/BTC-US-Government-shutdowns.jpg 2454w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/BTC-US-Government-shutdowns-300x164.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/BTC-US-Government-shutdowns-1024x561.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/BTC-US-Government-shutdowns-768x421.jpg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/BTC-US-Government-shutdowns-1536x841.jpg 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/BTC-US-Government-shutdowns-2048x1122.jpg 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/BTC-US-Government-shutdowns-1200x657.jpg 1200w\" sizes=\"auto, (max-width: 2454px) 100vw, 2454px\"\/><\/noscript><\/a><\/p>\n<p id=\"caption-attachment-533247\" class=\"wp-caption-text\">Source: X<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">However, gold rallied to a new high, underscoring a short-term market uncertainty as the shutdown began. On the contrary, S&#038;P Futures slipped lower. Which begs the question: will BTC follow gold or U.S. equities?\u00a0<\/span><\/p>\n<h2><strong>BTC short-term outlook<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">BTC spiked to $116K, at press time, after the <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/u-s-government-shutdown-on-october-1-will-crash-xrp-bitcoin-crypto\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">shutdown<\/span><\/a><span style=\"font-weight: 400;\">. However, it was uncertain whether it could extend the recovery in the near term. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to Greg Magadini, Director at Options platform, Amberdata, another dip in BTC was feasible in the next few days.\u00a0<\/span><\/p>\n<div id=\"attachment_533250\" style=\"width: 2570px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/Bitcoin-US-Gov-RR-Skew.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-533250\" class=\"size-full wp-image-533250\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Bitcoin U.S Gov\" width=\"2560\" height=\"997\" data-lazy-srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/Bitcoin-US-Gov-RR-Skew.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/Bitcoin-US-Gov-RR-Skew-300x117.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/Bitcoin-US-Gov-RR-Skew-1024x399.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/Bitcoin-US-Gov-RR-Skew-768x299.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/Bitcoin-US-Gov-RR-Skew-1536x598.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/Bitcoin-US-Gov-RR-Skew-2048x797.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/Bitcoin-US-Gov-RR-Skew-1200x467.png 1200w\" data-lazy-sizes=\"(max-width: 2560px) 100vw, 2560px\" data-lazy-src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/Bitcoin-US-Gov-RR-Skew.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-533250\" class=\"size-full wp-image-533250\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/Bitcoin-US-Gov-RR-Skew.png\" alt=\"Bitcoin U.S Gov\" width=\"2560\" height=\"997\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/Bitcoin-US-Gov-RR-Skew.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/Bitcoin-US-Gov-RR-Skew-300x117.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/Bitcoin-US-Gov-RR-Skew-1024x399.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/Bitcoin-US-Gov-RR-Skew-768x299.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/Bitcoin-US-Gov-RR-Skew-1536x598.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/Bitcoin-US-Gov-RR-Skew-2048x797.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/Bitcoin-US-Gov-RR-Skew-1200x467.png 1200w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\"\/><\/noscript><\/a><\/p>\n<p id=\"caption-attachment-533250\" class=\"wp-caption-text\">Source: Amberdata<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">He cited slightly negative Options pricing (Risk Reversal Skew, RR-Skew) for the short-dated expiries for 1-week and 1-month tenors. <\/span><span style=\"font-weight: 400;\">It meant more demand for puts (bearish bets, hedging) over calls (bullish bets) in the near term.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Magadini <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/amberdataderivatives.substack.com\/p\/crypto-options-analytics-september-438\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\"><span style=\"font-weight: 400;\">added<\/span><\/a><span style=\"font-weight: 400;\">,\u00a0<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cThe RR-Skew is merely \u201cleaning\u201d negative. To me, this remains the play going into the next week or two. A lot of reasons to be defensive here and crypto options plays aren\u2019t crowded for defensive trade, in my opinion.\u201d<\/span><\/p>\n<\/blockquote>\n<h2><strong>Shutdown ripple effects<\/strong><\/h2>\n<p>Meanwhile, an extended shutdown would delay the U.S. Jobs Report on the 3rd of October and make it harder to gauge the labor market.<\/p>\n<p><span style=\"font-weight: 400;\">According to some analysts, the delay could prompt the Fed to hold interest rates steady in the next meeting scheduled for the end of October.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Overall, this could spoil the \u201cUptober\u201d hopes. Even so, Swissblock analysts said Q4 still looked structurally positive. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">They <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/swissblock__\/status\/1973120105744834662\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">cited<\/a> Short-Term Holder Relative Unrealized Profit nearing a level that previously marked local bottoms.<\/span><\/p>\n<div id=\"attachment_533251\" style=\"width: 1610px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/STH-BTC-Gov.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-533251\" class=\"size-full wp-image-533251\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"STH BTC U.S Gov\" width=\"1600\" height=\"900\" data-lazy-srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/STH-BTC-Gov.jpg 1600w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/STH-BTC-Gov-300x169.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/STH-BTC-Gov-1024x576.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/STH-BTC-Gov-768x432.jpg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/STH-BTC-Gov-1536x864.jpg 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/STH-BTC-Gov-1200x675.jpg 1200w\" data-lazy-sizes=\"(max-width: 1600px) 100vw, 1600px\" data-lazy-src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/STH-BTC-Gov.jpg\"\/><noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-533251\" class=\"size-full wp-image-533251\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/STH-BTC-Gov.jpg\" alt=\"STH BTC U.S Gov\" width=\"1600\" height=\"900\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/STH-BTC-Gov.jpg 1600w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/STH-BTC-Gov-300x169.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/STH-BTC-Gov-1024x576.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/STH-BTC-Gov-768x432.jpg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/STH-BTC-Gov-1536x864.jpg 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/STH-BTC-Gov-1200x675.jpg 1200w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\"\/><\/noscript><\/a><\/p>\n<p id=\"caption-attachment-533251\" class=\"wp-caption-text\">Source: Glassnode\/Swissblock<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">On the price charts, BTC reversed the losses seen in late September. But a convincing uptrend to $120K and above could be confirmed only if it rallies above the previous month\u2019s high ($118K).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Otherwise, another price rejection at $118K hurdle could drag BTC lower to $112K or $107K-$109K support zone again.\u00a0<\/span><\/p>\n<div id=\"attachment_533253\" style=\"width: 1960px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/BTCUSDT_2025-10-01_12-34-07.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-533253\" class=\"size-full wp-image-533253\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Bitcoin US Gov\" width=\"1950\" height=\"1147\" data-lazy-srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/BTCUSDT_2025-10-01_12-34-07.png 1950w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/BTCUSDT_2025-10-01_12-34-07-300x176.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/BTCUSDT_2025-10-01_12-34-07-1024x602.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/BTCUSDT_2025-10-01_12-34-07-768x452.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/BTCUSDT_2025-10-01_12-34-07-1536x903.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/BTCUSDT_2025-10-01_12-34-07-1200x706.png 1200w\" data-lazy-sizes=\"(max-width: 1950px) 100vw, 1950px\" data-lazy-src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/BTCUSDT_2025-10-01_12-34-07.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-533253\" class=\"size-full wp-image-533253\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/BTCUSDT_2025-10-01_12-34-07.png\" alt=\"Bitcoin US Gov\" width=\"1950\" height=\"1147\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/BTCUSDT_2025-10-01_12-34-07.png 1950w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/BTCUSDT_2025-10-01_12-34-07-300x176.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/BTCUSDT_2025-10-01_12-34-07-1024x602.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/BTCUSDT_2025-10-01_12-34-07-768x452.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/BTCUSDT_2025-10-01_12-34-07-1536x903.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/10\/BTCUSDT_2025-10-01_12-34-07-1200x706.png 1200w\" sizes=\"auto, (max-width: 1950px) 100vw, 1950px\"\/><\/noscript><\/a><\/p>\n<p id=\"caption-attachment-533253\" class=\"wp-caption-text\"><span style=\"font-weight: 400;\">Source: BTC\/USDT, TradingView\u00a0<\/span><\/p>\n<\/div>\n<div class=\"post-nav\">\n<div class=\"next-blog\">\n\t\t\t\t\t\t\t\t\t\t\tNext: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/ethereum-adoption-breaks-records-so-why-is-eth-below-4-3k\/\" rel=\"prev\" data-wpel-link=\"internal\">Ethereum adoption breaks records \u2013 So why is ETH below $4.3K?<\/a>\t\t\t\t\t\t\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways\u00a0 What are analysts expecting for Bitcoin amid the shutdown?\u00a0 Views were mixed, with Options skew leaning bearish and BTC capped at $118K resistance despite spiking to $116K. Is a Q4 rally still possible for BTC?\u00a0 Yes, according to Swissblock, a local bottom could be formed soon.\u00a0 Bitcoin [BTC] and the broader crypto market [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":406771,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-406770","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/406770","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=406770"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/406770\/revisions"}],"predecessor-version":[{"id":406772,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/406770\/revisions\/406772"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/406771"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=406770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=406770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=406770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}