The btc pie is trending upward

Nakamoto 2025-12-12 15:58 17067人围观 BTC

As of October 2025, Bitcoin (BTC) has shown an overall concussive upward trend, and both technical and fundamental aspects have released certain bullish signals: 1. Technical analysis- Price range: BTC is currently oscillating between $113,000 and $118,00

As of October 2025, Bitcoin (BTC) has shown an overall concussive upward trend, and both technical and fundamental aspects have released certain bullish signals:

1. Technical analysis

- Price range: BTC is currently oscillating between $113,000 and $118,000, with key support at $105,852 and resistance at $127,113. A break above this resistance could start a new uptrend.

- Trend structure: The long-term trend remains above the rising trend line from 2020, forming a bullish structure of "higher highs and higher lows".

- Indicator signal: RSI is close to the oversold area, although MACD is negative but tends to converge, a rebound is possible in the short term.

2. Fundamentals and Funding

- Institutions continue to increase their holdings: Mainstream institutions such as BlackRock have continued to buy during the recent correction, and the supply of BTC on exchanges has declined, indicating increased confidence in long-term holdings.

- Contango: BTC futures continue to be higher than the spot price, and the basis is positive, indicating that the market is in a bullish state. If the trading volume increases, it may push the price to a record high.

3. Market expectations

- Short-term trend: There is a high probability that it will gradually rise or move sideways in the next two weeks. If there is a simultaneous rise in "price + basis + position", a new bullish trend will be confirmed.

- Long-term outlook: Analysts generally believe that BTC is still in a bull market cycle. If the current trend is maintained, it is expected to challenge $170,000 or even higher in the next few months.

---

Conclusion: BTC is currently in a volatile upward channel, and the long-term trend remains bullish. Although there are short-term fluctuations, as long as it does not fall below the key support level, the overall upward pattern has not changed, and it is suitable for bargain hunting and patient holding. A break above $127,000 would be a key signal confirming a new leg higher.