Key Indicators to Watch in Q4: Bitcoin Seasonal Trends, XRP/BTC, Dollar Index

Key Insights for Crypto Traders in Q4 2025

Bullish Seasonality

  • Bitcoin (BTC) and Ether (ETH) show strong historical Q4 performance.
  • Since 2013, BTC averages an 85% return in Q4, with November being the most bullish month at a 46% average gain.
  • ETH generally performs well in the last three months of the year.

BTC and ETH's quarterly returns since 2013. (Coinglass)

BTC's 50-week SMA Support

  • Bitcoin dropped 5% this week, potentially heading towards late August lows near $107,300.
  • The key level to watch is the 50-week SMA at $98,900, historically a strong support during bull runs.

BTC's weekly chart in candlesticks format. (TradingView/CoinDesk)

XRP/BTC Compression

  • XRP has surged 32% this year but remains within a narrow trading range against BTC since early 2021.
  • A potential breakout from this range could trigger a significant rally in XRP relative to BTC.

XRP/BTC's monthly chart in candlesticks format. (TradingView/CoinDesk)

Defiance Daily Target 2x Short MSTR ETF (SMST)

  • SMST ETF shows bullish signals with a price increase to $35.65, forming an inverse head-and-shoulders pattern.
  • This pattern suggests a potential upward move, posing bearish implications for BTC.

Defiance Daily Target 2x Short MSTR ETF (SMST). (TradingView/CoinDesk)

Dollar Index's Double Bottom

  • The Dollar Index established a double bottom around 96.30, indicating potential for further gains.
  • A move beyond 100.26 would confirm a breakout, affecting risk assets including cryptocurrencies.

Dollar Index's daily chart in candlesticks format. (CoinDesk/TradingView)

NVDA Topping?

  • Nvidia (NVDA) hovers near the upper end of its broadening channel, showing signs of bullish exhaustion.
  • A decline from current levels could signal a risk-off period, impacting global markets including crypto.

NVDA's weekly chart in candlesticks format. (TradingView/CoinDesk)