Bitcoin’s next move depends on these three key factors

Bitcoin’s next rise will be determined by at least three factors, according to analysts.

Bitcoin has ranged over the past week, trading around a support and resistance zone at $108,000; However, the next surge could happen very soon, analysts say.

This year has largely been a “reset for Bitcoin market structure positioning in the spot and derivatives space.” said crypto entrepreneur Joe Consorti Thursday. He added that there has been a long-term distribution to shareholders above $100,000 and $110,000, “coupled with macro headwinds that prevented a sustained bid to counter distribution,” and all of this has been capped by a major liquidation event that has reset positioning in derivatives.

Three drivers of BTC in Q4

The next big step will be driven by the reopening of the US government after more than three weeks of closure and a meeting to discuss trade tariffs between the US and Chinese presidents.

“With the debt burden cleared, the government set to reopen soon and the Trump-Xi meeting in sight, Bitcoin should rebound by the end of the year.”

He added that the U.S. central bank is also gaining support, and that “managers will rebalance their risk balance by the end of the year.”

“It’s hard not to be optimistic in the coming months and into 2026, despite the terrible sentiment.”

A Federal Reserve rate cut, which is all but guaranteed next week, is also very bullish for the Bitcoin and crypto markets. Any surprises in today’s CPI inflation report are unlikely to stop the Fed from cutting rates, as it focuses mainly on labor market problems.

So does investor Fred Krueger pointed out that there will be two rate cuts this year and a third expected in January, which could extend the cycle.

“Rates will be cut in six days. Then again in 48 days. Then again in 97 days. Then we have a new Fed chairman in May who will make Bernanke look like Paul Volker. Enjoy missing the next bull market, cycle theorists.”

Trader ‘Stockmoney Lizards’ noted that no primary indicators were in the red, but there may be some bearish indicators in the short term.

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“This is a buy-the-dip opportunity for me right now.”

Bitcoin
Support is support until it is broken.
Resistance is resistance until it is broken.
A bull market is a bull market until it’s over.

No major indicators mark “red”. There may be some signs like bearish divergences on MACD, RSI… etc. These are only valid in the… pic.twitter.com/hQIRLFPVo6

— Stockmoney lizards (@StockmoneyL) October 23, 2025

Total limit looks good

The overall market capitalization looks fine if it can maintain the current zone, ‘Daan Crypto Trades’ said on Friday. At the time of writing, it was around $3.8 trillion, after rising 1.7% on the day.

“Yes, we have seen a huge outflow and a lot of pain among many market participants. But it is often those events that ultimately create interesting places.”

The Total Crypto Market Cap still looks good if it can hold this green zone.

Yes, we have seen massive outflows and a lot of pain for many market participants. But it is often precisely those events that provide interesting places.

For now, eyes on this current… pic.twitter.com/8ldz8KQEg0

— Daan Crypto Trades (@DaanCrypto) October 23, 2025