2025-10-28 13:54:16

#BitcoinMarketAnalysis Bitcoin's current price is around $115,462.29, with a 0.12% increase. The market is showing steady upward momentum, with a 24-hour trading volume of $56.82 billion.

*Key Levels to Watch:*

- *Resistance*: $112,000 - $112,500
- *Support*: $106,572 and $102,000 - $106,000

*Technical Analysis:*

- Bitcoin is moving within a rising channel, indicating short-term bullish momentum.
- The price is approaching the upper boundary of the channel and a major resistance zone.
- A potential reversal from resistance is indicated, with a downside target of $106,572.

*Price Predictions:*

- October 28, 2025: $116,332.70 (2.6% increase)
- November 2025: $120,321.58 (average trading price)
- December 2025: $118,124.98 (average trading price)

*Long-term Projections:*

- 2025: $121,440.85 (minimum), $124,947.50 (average), $145,871.41 (maximum)
- 2030: $764,391.55 (minimum), $786,025.39 (average), $907,823.21 (maximum)

The technical ratings suggest a "Buy" signal, with 14 buy indicators, 4 sell indicators, and 7 neutral indicators. Keep in mind that these predictions are based on market analysis and are subject to change.¹ ² ³

BTC-2,36%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.