Bitcoin’s 2025 Surge: Traders Target $120K as BTC Prepares for Historic Rally - Could This Outpace 2017’s Legendary Boom?
Bitcoin's next explosive move is here—and traders are betting big on six-figure territory.
The $120K Target Zone
Market momentum builds as Bitcoin positions for its next major leg up. Technical indicators scream bullish while institutional money flows in like there's no tomorrow—which, given traditional finance's track record, might actually be true.
2017 Redux or Something Bigger?
Comparisons to Bitcoin's legendary 2017 bull run dominate conversations, but this time feels different. More sophisticated infrastructure, deeper liquidity, and let's be honest—Wall Street finally admitting they should've bought sooner.
The institutional FOMO is real, the charts look primed, and the only thing rising faster than Bitcoin's price might be traditional bankers' blood pressure.
CME Group, the world’s leading derivatives marketplace, announced that its metals complex volume reached a record 2,829,666 contracts on Friday, October 17, 2025. The new high overtakes the previous record of 2,148,990 contracts set on October 9, 2025.
“Demand for safe-haven assets is surging as market participants work to navigate ongoing economic uncertainty,” said Jin Hennig, Managing Director and Global Head of Metals at CME Group. “Clients across the globe continue to turn to our Gold futures and options to hedge their risk and pursue opportunities in this complex environment, with both large institutions and retail traders driving record activity across our metals product suite.”
CME Group offers a wide range of benchmark products across precious and industrial metals. Additional single day records on October 17 include:
- Metals futures (2,599,935 contracts)
- Micro Gold futures (1,267,436 contracts)
- 1-Ounce Gold futures (199,928 contracts) and open interest (20,326 contracts)
- E-mini Gold futures (12,818 contracts)
CME Group’s metals complex is listed on and subject to the rules of COMEX.
Source: CME
