Bitcoin (BTC) is the world’s first and most dominant cryptocurrency, operating on a decentralized network called the blockchain. Created by the anonymous Satoshi Nakamoto, it enables peer-to-peer transactions without needing a central authority like a bank [, ]. Known for its fixed supply of 21 million coins, Bitcoin is often referred to as “digital gold” and is seen as a store of value [, ]. Its recent mainstream adoption, bolstered by the approval of spot ETFs, has solidified its status as a major global asset
In summary, Solana and Ethereum communities sound the most excitable and innovation-driven, while Bitcoiners stay fervently loyal but divided about the path forward. AAVE’s tribe is more cautious, reflecting overall DeFi uncertainty.
Our previous forecast anticipated consolidation with potential resistance rejection, and the market has indeed struggled to break decisively above the $112,200 resistance cluster formed by the four-hour and six-hour moving averages. The daily and weekly timeframes continue to present bearish signals with negative MACD readings and deteriorating directional movement, reinforcing our cautious stance.
In October 2025, crypto conversations have a strangely balanced mix of hope, fatigue, and low-key determination. Bitcoiners sound like monks—philosophical, a bit weary, but still devout. Ethereum fans are engineers under pressure, trying to keep the biggest ship in DeFi steady while questioning its leadership. AAVE believers are quiet professionals—steady hands in a sea of hype. Solana people? They’re the party crowd who think the bear market is finally over.
Looking ahead, Bitcoin appears positioned for renewed upward momentum once current oversold conditions resolve. Support holds firm between $120,000-$121,500, with resistance targets at $124,000-$125,000 coming into focus. The convergence of oversold shorter timeframes and bullish longer timeframes creates an attractive risk-reward setup favoring longs
Institutional adoption continues accelerating with publicly traded companies holding 21x more Bitcoin than in 2024. Despite short-term ETF outflows of $536M on October 17, year-to-date institutional inflows remain robust at $21.5 billion. Specialized treasury firms account for 76% of business BTC purchases
Price Outlook and forecast on 2025 10 18 AM (CET )
Looking ahead, Bitcoin appears positioned for renewed upward momentum once current oversold conditions resolve. Support holds firm between $120,000-$121,500, with resistance targets at $124,000-$125,000 coming into focus. The convergence of oversold shorter timeframes and bullish longer timeframes creates an attractive risk-reward setup favoring longs
Disclaimer The content in this publication is for informational and educational purposes only and does not constitute financial, investment, or trading advice. I am not a licensed financial advisor. Any opinions, strategies, or analyses shared reflect my personal views and experiences. I may hold positions in…
Disclaimer The content in this publication is for informational and educational purposes only and does not constitute financial, investment, or trading advice. I am not a licensed financial advisor. Any opinions, strategies, or analyses shared reflect my personal views and experiences. I may hold positions in…
Looking ahead, Bitcoin appears positioned for renewed upward momentum once current oversold conditions resolve. Support holds firm between $120,000-$121,500, with resistance targets at $124,000-$125,000 coming into focus. The convergence of oversold shorter timeframes and bullish longer timeframes creates an attractive risk-reward setup favoring longs
