BTC Price Prediction: Analyzing the Path to New Highs Amid Mixed Market Signals

#BTC

• Bitcoin trading above 20-day moving average indicates bullish technical structure
• Mixed whale activity offset by strong institutional and corporate buying
• Positive regulatory developments and macroeconomic factors support higher price targets

BTC Price Prediction

Technical Analysis: BTC Shows Bullish Momentum Above Key Moving Average

According to BTCC financial analyst Michael, Bitcoin's current price of $114,878 sits comfortably above the 20-day moving average of $112,066, indicating sustained bullish momentum. The MACD reading of 4333.22 versus the signal line at 4708.11 shows some near-term consolidation, but the position above the middle Bollinger Band at $112,066 suggests underlying strength. With the upper Bollinger Band at $120,783, there's potential for further upside movement if buying pressure continues.

Market Sentiment: Mixed Signals as Whales Retreat While Institutional Demand Grows

BTCC financial analyst Michael notes that recent news presents a complex picture. While whale activity suggests potential short-term caution NEAR the $115K level, strong institutional demand from companies like MicroStrategy's $43.4 million purchase and positive regulatory developments in Argentina provide fundamental support. The approaching U.S.-China trade agreement and Trump's pro-crypto stance are creating favorable macroeconomic conditions that could drive prices higher despite temporary whale profit-taking.

Factors Influencing BTC's Price

Bitcoin Whales Retreat as Price Nears $115K, Signaling Potential Correction

Bitcoin's rally to $114,900 faces headwinds as large holders pare positions. Whale entities holding 1,000+ BTC dropped to 1,350 this week - the lowest count since July. This profit-taking behavior historically precedes short-term pullbacks, though the RSI's bullish divergence suggests underlying strength remains.

Exchange outflows plummeted 51% since mid-October, indicating cooling institutional demand. The market now tests critical levels: $117,600 resistance overhead, with $108,900 acting as near-term support. Such volatility is characteristic of pre-halving price discovery phases.

Javier Milei’s Crypto-Friendly Party Wins Argentine Midterm Elections

Argentine President Javier Milei’s La Libertad Avanza party secured a decisive victory in the country’s midterm elections, capturing 40.68% of the vote and upending the Peronist stronghold in Buenos Aires province. The win bolsters Milei’s free-market agenda and accelerates his push to integrate cryptocurrencies like Bitcoin (BTC) into Argentina’s economy.

The administration’s December 2023 legalization of BTC and digital asset settlements marked a turning point, with recent economic maneuvers—including a $20 billion currency swap with the U.S.—further stabilizing the peso. "We avoided falling off the cliff," Milei declared, signaling renewed momentum for reforms aimed at curbing inflation and reducing state intervention.

OKX Celebrates Bitcoin White Paper Anniversary with Live Quiz Event

OKX marks the 17th anniversary of the Bitcoin white paper with an interactive Kahoot Live quiz featuring a $500 USDT prize pool. The October 31 event targets crypto community engagement and BTC education, streaming on Instagram at 19:00 Kyiv time.

Participants must follow OKX's Instagram, join the live broadcast, and answer real-time questions about Bitcoin's origins and technology. Top scorers will split trading bonuses, emphasizing OKX's role in fostering crypto literacy.

MicroStrategy Bolsters Bitcoin Holdings with $43.4 Million Purchase

MicroStrategy has added another 390 Bitcoin to its corporate treasury, spending approximately $43.4 million between October 20-26. The business intelligence firm now holds 640,808 BTC worth $74 billion at current prices, cementing its position as the world's largest corporate Bitcoin holder.

The latest acquisition was executed at an average price of $111,117 per BTC, funded through perpetual preferred stock sales. MicroStrategy's total Bitcoin investment now stands at $47.4 billion including fees, with an average acquisition price of $74,032 per coin - generating $26.6 billion in unrealized gains.

This strategic accumulation continues despite market volatility, demonstrating institutional conviction in Bitcoin's long-term value proposition. The company has consistently used capital markets activity to fund its crypto acquisitions, showcasing an innovative approach to corporate treasury management.

Trump's Escalation Fuels Crypto Rally Amid Trade Agreement Hopes

Cryptocurrencies are surging as geopolitical tensions between the U.S. and China spark speculation of an impending trade agreement. Bitcoin (BTC) breached $115,000, though resistance at $117,000 remains intact. Market optimism mirrors the tech sector's rally, buoyed by Federal Reserve rate cuts and strong earnings projections.

Pre-market S&P 500 futures rose 1% ahead of critical U.S.-China talks. Consensus-building between officials suggests stability is prioritized over conflict—a tailwind for risk assets. Should Thursday's Trump-Xi meeting proceed without disruption, cryptocurrencies may extend gains alongside equities.

Bitcoin Supply Dynamics Shift as Whales Accumulate Amid Retail Sell-Off

Bitcoin's market structure shows a pronounced divergence between retail and institutional behavior. Since mid-October, approximately 62,000 BTC worth $7 billion has moved from long-term holder wallets, marking the first significant illiquid supply reduction in H2 2025. The cryptocurrency has retreated 8% from its $125,000 October peak to $115,350, with Glassnode data revealing this outflow stems primarily from wallets holding $10,000-$1M in BTC.

Contrary to the broader trend, whale addresses continue accumulating. This accumulation comes as Fidelity Digital Assets projects 42% of Bitcoin's supply—8.3 million BTC—could become illiquid by 2032 if current institutional adoption trends persist. Only 18% of circulating supply now trades at a loss, rebounding from April's 24% trough.

The supply-demand imbalance reflects continued distribution by smaller investors alongside stagnant first-time buyer activity. Such dynamics have created headwinds for sustained price appreciation, even as institutional interest builds toward potential nation-state adoption.

Cryptocurrency Markets Surge as U.S.-China Trade Agreement Nears Finalization

Bitcoin breached the $115,000 threshold as geopolitical developments took center stage. The confirmation of a pending U.S.-China trade agreement—anticipated through a three-phase negotiation process—ignited bullish momentum across digital asset markets. Altcoins mirrored BTC's upward trajectory, with traders pricing in reduced macroeconomic uncertainty.

Market participants now brace for heightened volatility during Fed week. Jerome Powell's upcoming policy remarks could amplify price swings, particularly if coupled with strong earnings reports from trillion-dollar corporations. The traditional finance spillover effect remains a critical watchpoint for crypto investors.

Bitplanet Initiates Daily Bitcoin Purchases with 10,000 BTC Treasury Target

South Korean public company Bitplanet has commenced a strategic accumulation of Bitcoin, purchasing 93 BTC as the first step toward building a 10,000 BTC treasury. The move marks the first direct Bitcoin acquisition by a South Korean publicly traded company through a licensed domestic exchange.

Backed by Metaplanet CEO Simon Gerovich and Sora Ventures, Bitplanet has implemented a daily Bitcoin purchasing plan. The company has already been quietly executing daily buys for two weeks prior to the official announcement, with all transactions disclosed via a Financial Services Commission-monitored platform.

"This enables legitimate and prudent risk management," said Bitplanet co-CEO Paul Lee regarding the treasury strategy. The $40 million initiative combines funding and corporate rebranding to position Bitplanet as Korea's most compliant Bitcoin treasury infrastructure.

New Bitcoin Proposal Sparks Debate Over Censorship and Legal Implications

A contentious Bitcoin improvement proposal (BIP) from developer Luke Dashjr has triggered a heated debate within the crypto community. The proposal advocates for a one-year soft fork to limit non-financial data storage on the Bitcoin blockchain, citing concerns over potential misuse for illicit content. Critics argue the move threatens Bitcoin's decentralized ethos, particularly due to language hinting at "moral and legal consequences" for dissenters.

Prominent figures like Ben Kaufman and Alex Thorn have condemned the proposal as coercive, with Kaufman labeling it "an attack on Bitcoin itself." The backlash has spread rapidly across social media, with many viewing the tone as an overreach that could fracture the community.

Mastering Crypto Charts in 2025: A Trader's Essential Guide

Crypto charts remain indispensable tools for navigating the volatile digital asset markets in 2025. These visual representations of price movements—powered by OHLC (Open-High-Low-Close) data—enable traders to decode market trends across customizable timeframes. The logarithmic Y-axis proves particularly valuable for long-term analysis, capturing percentage-based changes that linear scales often distort.

Technical patterns emerge as the language of charts, while volume indicators provide critical confirmation signals. With AI-driven analytics and regulatory shifts reshaping trading strategies, chart mastery now separates opportunistic speculators from disciplined investors. The most successful traders combine these tools with robust risk management frameworks to capitalize on Bitcoin's volatility and altcoin seasonality.

Mt. Gox Delays Repayment Deadline Again to October 2026

Mt. Gox, the bankrupt cryptocurrency exchange, has postponed its repayment deadline for the third time, pushing it to October 31, 2026. Rehabilitation Trustee Nobuaki Kobayashi announced the delay just days before the previous deadline of October 31, 2025.

The repayment process, initially set for October 2023, remains incomplete due to procedural and technical hurdles. While base repayments and early lump-sum distributions have largely concluded for compliant creditors, many others still await resolution.

Nearly a decade after losing 850,000 BTC in its 2014 collapse, the former Bitcoin trading giant continues to grapple with creditor repayments. The Tokyo-based exchange's latest extension underscores the complexity of resolving one of crypto's most notorious failures.

How High Will BTC Price Go?

Based on current technical and fundamental analysis, BTCC financial analyst Michael suggests Bitcoin has strong potential to test the $120,783 resistance level represented by the upper Bollinger Band. The combination of technical positioning above key moving averages and supportive fundamental factors including institutional accumulation and positive regulatory developments creates a favorable environment for continued upward movement.