Bitcoin is in a consolidation phase with solid technical support and bullish expectations for the coming days. A range between $108,000 and $126,000 is projected for next week.
📊 Current situation of Bitcoin (October 2025)
- Current price: Bitcoin is trading around $111,500, with a slight drop of 1.2% in the last 24 hours.
- Recent trend: October has historically been a positive month for BTC, with 10 of the last 12 years closing in the green.
- Recent all-time high: BTC reached $126,293 after breaking a key resistance, indicating a bullish technical structure.
- Technical supports: Support zones are identified at $108,150 and $105,000, suggesting that the price could remain within this range if there is selling pressure.
- Macroeconomic factors: The stability of gold and institutional demand are positively influencing BTC. Additionally, the U.S. government shutdown did not have a negative impact, which strengthened the perception of Bitcoin as a store of value.
📈 Projection for the next 7 days
According to technical analysis and historical behavior:
- Projected range: $108,000 – $126,000.
- Bullish scenario: If institutional demand remains and there are no negative macro events, BTC could attempt to surpass $126,000 again.
- Bearish scenario: If selling pressure increases, it could test supports at $108,000 or even $105,000.
- Key catalysts:
- Expiration of contracts for $6 billion this Friday, which could generate volatility.
- Expectations of new corporate moves and regulatory announcements.
🧠 My technical assessment
Based on the current market structure and October's history:
- Moderate upside probability: 60% chance that BTC will hold steady or rise slightly.
- Correction probability: 40% chance that BTC will retreat towards supports if there is selling pressure or negative news.
I recommend closely monitoring support and resistance levels.
📊 Current situation of Bitcoin (October 2025)
- Current price: Bitcoin is trading around $111,500, with a slight drop of 1.2% in the last 24 hours.
- Recent trend: October has historically been a positive month for BTC, with 10 of the last 12 years closing in the green.
- Recent all-time high: BTC reached $126,293 after breaking a key resistance, indicating a bullish technical structure.
- Technical supports: Support zones are identified at $108,150 and $105,000, suggesting that the price could remain within this range if there is selling pressure.
- Macroeconomic factors: The stability of gold and institutional demand are positively influencing BTC. Additionally, the U.S. government shutdown did not have a negative impact, which strengthened the perception of Bitcoin as a store of value.
📈 Projection for the next 7 days
According to technical analysis and historical behavior:
- Projected range: $108,000 – $126,000.
- Bullish scenario: If institutional demand remains and there are no negative macro events, BTC could attempt to surpass $126,000 again.
- Bearish scenario: If selling pressure increases, it could test supports at $108,000 or even $105,000.
- Key catalysts:
- Expiration of contracts for $6 billion this Friday, which could generate volatility.
- Expectations of new corporate moves and regulatory announcements.
🧠 My technical assessment
Based on the current market structure and October's history:
- Moderate upside probability: 60% chance that BTC will hold steady or rise slightly.
- Correction probability: 40% chance that BTC will retreat towards supports if there is selling pressure or negative news.
I recommend closely monitoring support and resistance levels.