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Bitcoin Price: The End Of October Can Reach This Level

Bitcoin Price

Analyst Axel Adler identified the price of Bitcoin (BTC) in the range of US$ 106,000–US$ 107,000 as a key support Bitcoin.

He warned that losing that level could trigger the price of BTC to$ 100,000, where the annual Moving Average is. As long as the limit holds, the price of Bitcoin (BTC) will remain bullish.

However, CredibleCrypto cautions against overlooking the bigger picture.

He showed the entire 16-year history of Bitcoin.

Bitcoin Price

Cyclop trader analysts calculate the Bitcoin bull market puts the current cycle within 90 days of a potential peak in November or December 2025.

"We are entering the most dangerous yet profitable stage of the bull market,” he warned.

Currently, technically, Bitcoin (BTC) is holding on to its 200-day exponential moving average (EMA), which investor Lark Davis calls the bull-bear line.

If it fails to hold, then this could open the way for the price of Bitcoin (BTC) towards the US$ 100,000 support, but if it bounces then it can validate the possibility of accumulation.

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