Bitcoin regained strength over the weekend, but volatility did not disappear.
Last Friday was a painful day for crypto investors, with the price of Bitcoin falling from $110,000 to less than $104,500 in less than 24 hours. However, after the plunge, the market seems to have found a stable base and the price of BTC has slowly but surely started to rise.
Bitcoin exchange rate development this week
Over the weekend, the price stabilized around $107,000, after which the bulls gained strength and Bitcoin was able to stay all the way above $111,000. Although there was a quick correction on Tuesday morning, the market wobbled again by the evening and BTC jumped to $114,000, which was also the high of the week. But the joy was short-lived: the price fell back to $106,000 within a few hours before recovering.
On Wednesday, investors looked at the US inflation figures (CPI), which came in lower than expected. As a result, bitcoin suddenly jumped to $112,000, but quickly retreated to the previous level.
Altcoin rates in green
Nevertheless, the weekly chart is still encouraging: BTC is up 5.7%, while several altcoins such as DOGE, SOL, LINK and HYPE have posted even bigger gains. The total market capitalization of cryptocurrency has increased by $200 billion and has already reached $3.85 trillion.
The most important cryptocurrency news of the week in one place
British fintech neobank Revolut announced on October 23, 2025 that it has obtained a crypto-asset service provider license (CASP) from the Cyprus Financial Supervisory Authority, allowing it to provide full cryptocurrency services in the countries of the European Economic Area (EEA). This move fits well with EU regulations dictated by MiCA, which aims to provide a uniform legal framework for the entire blockchain and crypto industry. In this way, Revolut can offer crypto asset trading, deposit management and other related services in a regulated manner to customers living in the European Union, even if there is no way out of the Hungarian regulatory labyrinth.
The alleged mastermind of a $14 billion crypto fraud scheme, currently on the run from the US government, has started transferring billions of dollars worth of bitcoins into new wallets, according to blockchain data. Arkham Intelligence according to his analysis wallets linked to Chinese and Cambodian nationals Chen Zhi has moved nearly $2 billion worth of bitcoins from wallets recently approved by the US Treasury Department to new addresses.
Both hardware wallet manufacturers presented new devices. Trezor Safe 7 offers a quantum-safe storage solution, while Ledger Nano Gen 5 came out this week with a friendlier design.
According to onchain data, the Coin base He paid renowned crypto trader Jordan Fish, aka Cobie, $25 million in USDC for his Up Only NFT. That means that whether he likes it or not, Cobie could be back in the podcaster’s chair after about three years.
A Binance Wallet has banned more than 600 accounts for abuse. This move penalized accounts that violated the platform’s terms of use while participating in the Binance Alpha program. THE Binance To maintain user trust, the integrity of the platform is strengthened and abuse of airdrops for token distribution is prevented.
Inflation data saved the markets this week, also setting new highs
US inflation data turned out to be more favorable than expected in September, immediately boosting both stock markets and cryptocurrencies.
The consumer price index (CPI) and core inflation (CPI) were both 0.1 percent below expectations, about 3 percent annualized, according to a recent announcement from the U.S. Bureau of Labor Statistics.
Development of US inflation over the past 4 years
US stock markets immediately reacted to the news, with the S&P 500 rising to a new record high as investors grew increasingly confident that the Federal Reserve will cut interest rates again next week. According to data from the CME Group FedWatch Tool, the vast majority of the market (nearly 97%!) expects a 0.25 percentage point rate cut at the October 29 meeting.
Analysts have already priced in the Fed’s rate cut
According to trade analysis site The Kobeissi Letter, this latest published inflation data paves the way for the next Fed rate cut, which is also reflected in stock market sentiment. Financial conditions remain accommodative and expected further interest rate cuts will only further strengthen the economy. This could further fuel the optimistic mood until early 2026.
Cryptocurrencies, including Bitcoin, also reacted to the published inflation figures. BTC rose to $112,000 before rebounding after the US market opened. However, traders remained cautious as selling pressure remained strong.
Investors’ attention is now focused on the Fed’s next decision.
Bitcoin’s peak may still be far away
In recent days, its price has fallen 19 percent compared to bitcoin’s all-time high, which has raised the question among many investors: has the market reached the top of the cycle?
However, according to several analysts, this pullback is completely normal and does not indicate the end of the bull market, but only a healthy correction.
Four main arguments can be made as to why the uptrend is not over yet.
- First, a 19% drop is not unusual: in previous cycles there were drops of 20-30% before the price broke new records. These corrections help cool the market, filter out over-indebted positions and make room for more accumulation.
- Second, $40 billion worth of positions were liquidated from the market in October, yet Bitcoin remained stable above $108,000. In the past, a sell-off of this magnitude would typically trigger a longer decline, but now the market has recovered quickly – a sign of increasing liquidity and a strong institutional presence.
- Third, while the gold and stock markets are reaching new highs, Bitcoin has lagged somewhat. This does not necessarily mean weakness, but rather capital turnover: investors first realize profits in traditional instruments, and then liquidity eventually flows into the crypto market.
- Finally, we cannot simply say that there is no Bitcoin peak indicator yet that points to overvaluation. The famous Ahr999 Index stands at just 0.84, far from the danger zone of 4, while the MVRV Z-Score is only 1.85, compared to the levels above 5 that have always indicated the peak in the past.
None of the cycle indicators have yet indicated the presence of a Bitcoin spike
Bitcoin’s next big move depends on these three factors
Over the past seven days, Bitcoin has hovered around $108,000, within a narrow range where an equilibrium between buyers and sellers has defined the market. However, according to analysts, the next big surge could be very close, and three key factors will decide where the price will go next.
According to crypto analyst Joe Consorti, this year was about repositioning the market structure of bitcoin. At levels between $100,000 and $110,000, many long-term investors realized gains, while macroeconomic uncertainty such as the US government shutdown and trade disputes held back further buying. However, the recent large wave of liquidations has removed the over-indebtedness, and this could create a favorable basis for a new increase.
The first factor that can give a new impetus to the market is reopening the US governmentwhich is expected to restore investor confidence after a three-week hiatus. The second important point is a Trump-Xi meetingwhich could lead to an easing of trade tensions. The third, perhaps most important, factor is a Interest rate cut by the Federal Reservewhich the market will almost certainly buy next week.
Bitcoin can now gather strength to break the resistance
Bitcoin has been trading within a narrow range between $107,000 and $114,000 for days, as more and more technical signs point to a bigger move in the market.
The daily chart shared by analyst Rekt Capital shows an ascending trendline and horizontal resistance around $110,800, forming a classic ascending triangle pattern – which typically foreshadows a bull market breakout.
Ascending triangle on Bitcoin chart
Bitcoin has made several higher lows, indicating continued demand. According to Rekt Capital, a daily close above $110,800 followed by a retest to the top of the triangle would confirm the breakout. The main support remains at $107,000, while the next major resistance zones are around $114,400 and $123,500. Bitcoin is also hovering near its 21-week moving average (EMA) of $111,000 – a recapture of this would also be a bullish sign.
Liquidity zones
According to Coinglass data, the largest liquidity zones are between $108,000-$108,500 and $111,500-$112,000. If the price crosses the $112,000 short zone, the liquidation of short positions could cause a sudden surge to $115,000-$120,000. Conversely, if BTC fails to hold above 111,000, levels around $109,000 or $107,000 could come back into focus.
On a technical level, the bitcoin price is shown in the graph
According to analyst GandalfCrypto, Bitcoin is currently trading about 10% above its “non-bubble” fair value of $99,900. Real euphoria can only begin when the price breaks the $149,000 zone, which would already lead to the euphoric range.
For the time being, the market is consolidating, the indicators are neutral and the RSI shows mild optimism. All this suggests that Bitcoin is gathering strength for its next big move – the only question is where it will break out of the triangle.
#Bitcoin #peak #arrived #signals