The Bitcoin worth is positioning for a doubtlessly explosive transfer that might take it effectively past its earlier all-time highs. Analysts are intently watching a important 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 Worth 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 via its earlier report 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 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 a detailed above $109,000 strengthens the chance of a powerful 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 alerts similar to fee cuts or the formal finish of Quantitative Tightening (QT).
Dicey additionally notes that bullish S&P 500 earnings, easing international 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 belongings. A group member commented that whales could have underestimated how a lot BTC’s demand tends to persist throughout these situations. Dicey responded that the identical whales would possibly change into “exit liquidity” as Bitcoin accelerates larger, probably lacking out on the strongest part 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 international macroeconomic uncertainty. He pointed to a number of converging elements that reinforce BTC’s resilience, together with ongoing fiscal and financial growth, a weakening US greenback, and renewed confidence within the international enterprise cycle.
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The analyst additionally emphasised that geopolitical tensions tied to US-China relations look like subsiding. On the similar time, ETF inflows and exponential development within the Synthetic Intelligence (AI) sector contribute to appearing as tailwinds for digital belongings. He disclosed that regardless of sturdy underlying fundamentals, skepticism stays widespread available in the market.
In keeping with him, many nonetheless imagine within the conventional 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
