Bitcoin's Next All-Time High: Top Analyst Predicts When It Could Happen

2025-10-24 21:34
Blockmedia
Blockmedia
Bitcoin's Next All-Time High: Top Analyst Predicts When It Could Happen

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Bitcoin's Recovery Momentum and $112,000 Resistance: Path Toward All-Time High

Bitcoin (BTC) has demonstrated remarkable resilience, rebounding strongly after solidifying its support zone between $107,000 and $108,000. On October 24, 2025, Bitcoin surged above $111,300, drawing attention to the pivotal resistance level at $112,000—a threshold that could mark the beginning of a new all-time high (ATH) trajectory. Renowned cryptocurrency analyst Michaël van de Poppe emphasized the importance of this level, calling it the convergence point of key technical indicators and historical price action.

“Breaking $112K is crucial, as it represents the confluence of horizontal resistance and the 20-day moving average. A breakout here paves the way for Bitcoin to target new highs,” van de Poppe shared via Twitter. This critical juncture, coupled with renewed market optimism, has placed Bitcoin in the spotlight as traders and investors watch closely for decisive movement.

Strengthening Support at $110,000: Bitcoin’s Fresh Recovery Signal

Bitcoin’s recent reclamation of the $110,000 support zone has fueled renewed hope in the market. Analysts point to this as evidence of growing market resilience, with van de Poppe highlighting the significance of the support level as a precursor to future upward movement.

“While holding $110K is encouraging, the true test lies ahead. Breaking through $112,000 is the key level—it acts as a springboard toward a potential new ATH, possibly within November,” he stated in a recent update. Market sentiment reflects this optimism, as rising trading volumes correspond to Bitcoin’s upward price momentum. Increased buying activity—visible in consecutive green candles—indicates the growing confidence among traders anticipating Bitcoin’s potential to surpass critical resistance levels.

Why $112,000 Represents a Crucial Threshold

Analyzing Bitcoin’s daily chart reveals why the $112,000 resistance zone is acting as a major inflection point. Earlier this month, Bitcoin experienced a sharp drop from $123,000, briefly falling below $107,000 before staging the current recovery. The price now faces stiff resistance between $111,000 and $113,000—a region historically marked by high selling pressure.

Passing this resistance zone decisively could open new doors for Bitcoin, sparking an upward rally into the $119,000–$120,000 range. Should this occur, analysts predict Bitcoin could challenge its previous ATH of $124,000 in the weeks ahead. Given its historical significance and interplay with key technical indicators, the $112,000 threshold is viewed as a make-or-break level that could set the tone for Bitcoin’s next bullish cycle.

The CPI Data Factor: Macroeconomic Impact on Bitcoin

While Bitcoin makes strides in recovery, macroeconomic factors could significantly influence its near-term trajectory. The upcoming release of the U.S. Consumer Price Index (CPI) data has garnered substantial attention from market participants. According to projections by CoinPedia, economists expect September’s CPI to increase by 0.4% from the previous month, reaching a 3.1% year-over-year rise. If the annual CPI breaches 3%—a level that has not been exceeded throughout 2025—it may potentially trigger heightened volatility across financial markets, including cryptocurrencies.

Elevated inflation could reshape investor expectations regarding Federal Reserve monetary policies, creating ripple effects in the crypto market. As Bitcoin’s price interacts with key technical resistance zones, these macroeconomic catalysts have the potential to amplify price swings, underscoring the critical nature of the coming days for digital assets.

Bitcoin’s Crossroads: Technical Levels and Market Catalysts in Focus

As Bitcoin enters a decisive phase in Q4 2025, the convergence of technical resistance levels and macroeconomic data positions the asset at a unique crossroads. A decisive break above the $112,000 resistance level would not only reinvigorate bullish sentiment but also signal momentum to target new historic highs in the near future.

Conversely, failure to breach this threshold could lead to short-term consolidation or increased downward pressure, especially as the release of CPI data influences broader market conditions. With strategic support zones firmly established and bullish trading activity on the rise, Bitcoin continues to command the attention of investors, promising pivotal developments in the weeks to come.

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