Bitcoin slipped into a tight holding pattern, trading below a clean breakout threshold at 08:00 UTC as buyers and sellers marked a narrow corridor with clear upper and lower levels.
Session overview
According to Coindesk’s technical analysis analysis data model, Bitcoin Moved from $ 111,157 to $ 111,634 during the 24 hours ending October 25, 08:00 UTC, contained within a nearly $ 2,025 (about 1.8%) band. The session map has set resistance around $111,800-$111,900 and support near $109,800, with no dominant catalyst to force a sustained move.
Intraday volume and context
Trading activity dipped at 14:00 UTC on October 24, when volume rose to 23,728 BTC—about 180% above the 24-hour average of 8,200 BTC—while the price hit $109,818 and stabilized. In the closing time of the window, bitcoin avoided from $ 111,745 to $ 111,545 (about 0.18%) while cooling the turnover around 85 BTC per minute compared to a previous almost 135 BTC per minute, then coiled between $ 111,540 and $ 111,645, consistent with the consolidation.
What to Watch Next
A clean break and hold above $112,000 at the UTC close will shift focus to $115,000. A loss of $109,800 will return $108,000.
Coindesk 5 Index (CD5) Snapshot
In the same window, CD5 rebounded intraday from 1,920.75 to 1,961.57 before settling at 1,940.94 on October 25, 08:00 UTC, leaving momentum mixed just below the 1,950 area.
Moving averages
The Coindesk Research model places the 200-day near $108,000 and the 100-day near $115,000 as reference levels at the end of the window October 25, 08:00 UTC.
Disclaimer: Parts of this article were generated with help from AI tools and reviewed by our editorial team to ensure accuracy and compliance with our standards. For more information, see Coindesk’s full AI policy.
