For the week of September 29 – October 5
And just like that, the crypto market has tilted back to full-on bull mode again. One week the sky is falling, the next it's back to unicorns and euphoria. We take wild swings like this to be a clear sign that altseason is still building, and we're more committed than ever to make the most out of the coming months.
Let's jump in to this week's update!
Fake-dump done, back to LFG-mode
Last week the sentiment was awful all around crypto, as bitcoin et al all sold off heavily, liquidating traders to the tune of billions of dollars. Our take was that it was an over-reaction though, and we had this to say:
These two facts make this dump look like a temporary correction, caused by market makers flushing out leveraged positions.
If this assessment is correct, crypto markets should turn up again within the next couple of weeks. So let's keep watching.
And yes, that turned out to be the correct take: as of writing this on Sunday morning, BTC just put in a new ATH. Of course, the week is not over until midnight, but it looks like daddy bitcoin will put in a strong weekly close here. And where daddy goes, altcoins eventually follow.
There is of course still the slight chance that this breakout will turn out to be a fake-out, leading to a new dump. But this is very much not the main scenario right now. Bitcoin breaking out into new highs is extremely bullish. Period. It can now continue towards the price target of $142k. Remember that we first set this target all the way back on July 13th, and we have maintained it every single week since then.
Also note that all along we've said that this is a conservative price target. Bitcoin will likely end up going even higher before this cycle is over.
LFG!
BTC/USD weekly chart, 5 October 2025. Breaking out to new ATHs. Price target still at $142k.
The HEGE Experience, Vol. 1
Turning to Hege now. On Friday, we held the premiere of our new X Spaces initiative: The HEGE Experience.
The HEGE Experience will be a weekly X Space, every Friday, where we'll bring updates, partnerships, and special guests. The show will be hosted by our friend Charlie (@deftony83), a real spaces veteran.
On Friday's show, Charlie had invited some of the artists from the Hege Mural Tour to share their experience creating some of the most iconic Hege murals.
If you didn't catch it, tune in to the replay on X. And make sure you don't miss the next one!
Hege Jetpack Madness
Next up. It is here! A brand new Hege game: Hege Jetpack Madness.
Take control of jetpack-powered Hege characters, avoid bear traps and rug pulls, collect coins, level up your gear, play the 50 increasingly difficult levels or compete in endless mode for a position on the leaderboard.
Available now on Google Play Store and Apple App Store:
- Hege Jetpack Madness on Google Play Store.
- Hege Jetpack Madness on Apple App Store.
Download it, play it, and if you like the game please leave a positive review!
Coming up ahead
On Tuesday, it's time for a new TA livestream for all you chart-enjoyoors. So don't miss that if you want to get the latest on what's going on in the charts! It will be live in Hegequarters, and also streamed on our YouTube Community channel on this link: https://youtube.com/live/KN8IxwqDdTA
Then tune in to The HEGE Experience on Friday! Stay tuned to our X account and to Charlie's X account for more info.
Hege Hangouts will likely be back this week too, as soon as we've found a new time slot for it. More on this to come.
Aaand of course, tomorrow Monday we have big news to share! Lips sealed until then, but for sure you don't want to miss this one.
Thanks for reading
Well fam that's it for this week. As you can tell there's a whole bunch of things to look forward to ahead, and in the Hege Team we're all stoked to see what the next few months will bring. Thank you all for being with us so far!
Until next week,
— Team Hege
PS. If you’re not in our Telegram already, get in there! It’s always the best place to hang out and get the latest on what’s going on. Find the link here: https://linktr.ee/hegefund
PS. PS. A Hege BuyBot competition might or might not have been launched 👀
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