The Bitcoin worth is positioning for a probably explosive transfer that would take it effectively beyond its previous all-time highs. Analysts are carefully watching a crucial resistance degree close to $116,000, which can function the ultimate hurdle earlier than BTC catapults into uncharted territory above $126,000.
Analyst Predicts New Bitcoin Value All-Time Excessive
Crypto analyst Donny Dicey revealed in an X social media put up this week that the $116,000 worth degree is the decisive zone Bitcoin should breach to substantiate a breakout towards a brand new all-time excessive. His technical evaluation suggests that after BTC achieves a clear break above this resistance space, momentum might swiftly carry it above $126,000.
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Notably, Bitcoin set a brand new ATH on October 6, 2025, after breaking by its earlier report above $124,000 and climbing past $126,000. Since reaching this degree, the worth of BTC has fallen dramatically to $115,000. Dicey’s accompanying chart exhibits the market steadily recovering after testing help close to $108,000, marked as a “market construction break” area, with bullish worth motion consolidating above $109,000.
The analyst has emphasised that every day Bitcoin maintains an in depth above $109,000 strengthens the likelihood of a robust upward swing because the market heads into November. This era coincides with the Federal Open Market Committee’s (FOMC) subsequent assembly, the place traders are anticipating dovish alerts equivalent to fee cuts or the formal finish of Quantitative Tightening (QT).
Dicey additionally notes that bullish S&P 500 earnings, easing world commerce tensions from a possible settlement between US President Donald Trump and China’s President Xi Jinping, and enhancing ISM manufacturing knowledge level to a macro surroundings supportive of threat belongings. A group member commented that whales might have underestimated how a lot BTC’s demand tends to persist throughout these situations. Dicey responded that the identical whales may turn out to be “exit liquidity” as Bitcoin accelerates increased, probably lacking out on the strongest section of this cycle.
Consolidation Above January Highs Sign Unbreakable Power
In a follow-up evaluation, Dicey highlighted Bitcoin’s outstanding stability above its January highs, describing its worth construction as “unbreakable” amid world macroeconomic uncertainty. He pointed to a number of converging components that reinforce BTC’s resilience, together with ongoing fiscal and financial growth, a weakening US dollar, and renewed confidence within the world enterprise cycle.
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The analyst additionally emphasised that geopolitical tensions tied to US-China relations appear to be subsiding. On the similar time, ETF inflows and exponential development within the Synthetic Intelligence (AI) sector contribute to performing as tailwinds for digital belongings. He disclosed that regardless of robust underlying fundamentals, skepticism stays widespread out there.
In accordance with him, many nonetheless consider within the traditional four-year cycle narrative, whereas retail enthusiasm has not absolutely returned. Moreover, the Russell 2000 index has but to breakout, and rotation from conventional belongings, such because the S&P 500 and gold, into Bitcoin stays restricted. With these developments subduing broader market participation, Dicey suggests it creates the right setup for a robust rally in BTC as soon as sentiment shifts decisively.
Featured picture from Pixabay, chart from Tradingview.com
