The Bitcoin worth is positioning for a probably explosive transfer that would take it nicely past its earlier 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 publish 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 when BTC achieves a clear break above this resistance space, momentum may swiftly carry it above $126,000.
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Notably, Bitcoin set a brand new ATH on October 6, 2025, after breaking via its earlier file above $124,000 and climbing previous $126,000. Since attaining this degree, the worth of BTC has fallen dramatically to $115,000. Dicey’s accompanying chart reveals 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 buyers are anticipating dovish indicators reminiscent of price 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 atmosphere supportive of threat property. A group member commented that whales could have underestimated how a lot BTC’s demand tends to persist throughout these circumstances. Dicey responded that the identical whales may grow to be “exit liquidity” as Bitcoin accelerates larger, probably lacking out on the strongest section of this cycle.
Consolidation Above January Highs Sign Unbreakable Energy
In a follow-up evaluation, Dicey highlighted Bitcoin’s exceptional stability above its January highs, describing its worth construction as “unbreakable” amid world macroeconomic uncertainty. He pointed to a number of converging elements that reinforce BTC’s resilience, together with ongoing fiscal and financial enlargement, a weakening US greenback, and renewed confidence within the world enterprise cycle.
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The analyst additionally emphasised that geopolitical tensions tied to US-China relations look like subsiding. On the identical time, ETF inflows and exponential progress within the Synthetic Intelligence (AI) sector contribute to appearing as tailwinds for digital property. He disclosed that regardless of sturdy underlying fundamentals, skepticism stays widespread out there.
In accordance with him, many nonetheless imagine within the conventional four-year cycle narrative, whereas retail enthusiasm has not totally returned. Moreover, the Russell 2000 index has but to breakout, and rotation from conventional property, such because the S&P 500 and gold, into Bitcoin stays restricted. With these developments subduing broader market participation, Dicey suggests it creates the proper setup for a robust rally in BTC as soon as sentiment shifts decisively.
Featured picture from Pixabay, chart from Tradingview.com
