Key points:
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Bitcoin pulls off a stunning move as it breezes through the $112,000 resistance-volatility has never been so thrilling.
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Traders are holding onto their hats, hoping for more local highs as the BTC recovery continues-who doesn’t love a good rollercoaster ride?
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The US Federal Reserve is reportedly ready to trim interest rates again. No surprise there-everyone loves a good cut.
Bitcoin (BTC) took a dramatic run at $112,000 into Sunday’s weekly close, and traders are dreaming of fresh local highs. The question is: Are we witnessing a breakout, or is this just a temporary high before the inevitable crash? 🤔
Bitcoin’s Eyes On New Targets-The Market Is Shaking!
Data from CryptoMoon Markets Pro and TradingView suggest that Bitcoin’s weekend action was all about range-bound drama. The excitement level? Absolutely off the charts.
A late rebound on Friday saw bulls making a move, powered by somewhat “pleasing” US inflation data (who knew that data could be so charming?).
Now, market participants are waiting on pins and needles for new highs, because let’s face it-who doesn’t love a bit of volatility to spice up the weekend?
$BTC / $USD – Update
Holding my long over $108,200. Targeting $113,000 highs next.
– Crypto Tony (@CryptoTony__) October 26, 2025
Trader Crypto Caesar had his eyes glued to the $112,000 resistance level, and he had something profound to say. Ready? Drumroll, please…
“A CLEAN break and close above it could confirm a bullish continuation toward $123K,” he wrote on X. Well, isn’t that just a little bit optimistic?
Meanwhile, crypto investor and entrepreneur Ted Pillows, in his infinite wisdom, shared his thoughts:
“$BTC seems to be in a short-term uptrend. 4 consecutive green daily candles, which means someone is consistently TWAPing Bitcoin here.” Yep, apparently “TWAPing” is a thing now. So fancy.
“I’m still eyeing a $112,000-$114,000 zone, as a reclaim could push BTC above $118,000 really soon.”
Others, including the ever-watchful Frank Fetter (who, yes, is named after a famous economist), are standing by, waiting for that glorious $113,000 breakthrough.
Watching $BTC.
– Frank (@FrankAFetter) October 25, 2025
Meanwhile, Frank dropped some knowledge about Bitcoin’s short-term holder cost basis:
“If BTC can reclaim the short-term holder cost basis at $113k, a move into the blue band of $130k – $144k feels right,” it said. Oh, don’t we all just wish it were that simple?
Fed Rate-Cut Drama: Hold Onto Your Wallets!
And now, for the pièce de résistance: The US Federal Reserve is expected to cut interest rates by 0.25% at its Oct. 29 meeting. You know what that means, right? The global monetary easing party is about to go into full swing. 🎉
The odds of this rate cut happening? A staggering 98%. That’s not a typo, folks. It’s practically a done deal.
The Kobeissi Letter, trading resource extraordinaire, pointed out the global trend, saying, “So far, 82% of world central banks have cut rates over the last 6 months, the highest share since 2020. Central banks are slashing rates like there’s no tomorrow. It’s a recession-like frenzy!”
“Global monetary easing is in full swing.”
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2025-10-26 12:52