Bitcoin Faces Key Levels: $125k Resistance Vs $118k Support – Details
From late September, Bitcoin has embarked on an impressive bullish rally to reach price levels around its all-time high of $124,457. However, it remains speculative as to whether the premier cryptocurrency will maintain this early October momentum to put in a new all-time-high price, or experience a major correction into deeper liquidity zones. Related Reading: Bitcoin Bear Trap Over? Pundit Reveals Where The Market Is At Right Now Bitcoin Key Levels To Watch: Rally’s Challenge Lies At $125k Resistance In an X post on October 3, key opinion leader (KOL) Ted Pillows shared that Bitcoin is....
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Bitcoin price started a fresh decline from the $90,000 zone. BTC is back below $82,500 and might continue to move down below $78,000. Bitcoin started a fresh decline below the $82,000 zone. The price is trading below $80,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $82,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another decline if it fails to clear the $82,000 resistance zone. Bitcoin Price Faces Hurdles Bitcoin price started a fresh decline below the $85,000 level. BTC traded below....
Polymarket bettors have predicted a 25% chance for Bitcoin ($BTC) to rise above $125K this month. It’s currently down to 17% at the time of writing. Earlier today, Bitcoin touched an intraday high of $117,888, bringing it closer in line with bettors’ predictions. The coin reached its all-time high of $124,517 on 14 August 2025, placing it only 6.1% below its ATH. Despite a 2.6% increase in Bitcoin’s price last month, crossing $125K will depend on sustained momentum fuelled by improving macro conditions and strong ETF inflows. Underscoring this bullish setup, Bitwise’s Matt....
Ethereum started a recovery wave above the $2,840 level against the US Dollar. ETH is now facing a major challenge near $2,905 and the 100 hourly SMA. Ethereum started a decent recovery wave above the $2,840 and $2,850 levels. The price is still below $2,900 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $2,900 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,900 and $2,915 resistance levels to continue higher. Ethereum Price Faces Resistance Ethereum traded as low as $2,766 before it started a....
Bitcoin price corrected lower and tested $59,500 against the US Dollar. BTC is recovering losses, but upsides might be capped above $63,250 in the near term. Bitcoin declined below the $63,200 and $62,000 support levels. The price is now trading below $62,000 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $61,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a steady increase if there is a close above the 100 hourly SMA and then $63,250. Bitcoin Price Faces Resistance Bitcoin price....
Ethereum price started a increase from the $1,550 zone. ETH is now rising and might attempt to recover above the $1,650 resistance. Ethereum started a fresh increase above the $1,580 and $1,600 levels. The price is trading above $1,600 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $1,590 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $1,650 resistance zone. Ethereum Price Eyes Upside Break Ethereum price remained stable above the $1,500 level and started a....