Bitcoin could recover to $100,000 before the Nov. 3, 2026, U.S. federal general election, crypto trader Will Meade says, arguing that the market is forming a high and tight flag (a sharp advance followed by narrow consolidation). Meade expects Bitcoin to move sideways through the rest of September before breaking higher in October, a month traders call "Uptober" because of its historical performance. Bitcoin is trading around $76,500 to $77,500, so reaching $100,000 would require a substantial gain in roughly six weeks. The cryptocurrency remains below its record high of $126,198, set on Oct. 6, 2025, and is about 39% under that level. Bitcoin traded near $76,400 on Sept. 17 and stayed around that area on Sept. 18. The pattern-based thesis treats this consolidation as a potential pause after an earlier advance rather than definitive weakness, while the seasonal argument does not guarantee October gains.