Key points:
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Bitcoin is carrying upside volatility to the weekly close with a charge through the $112,000 resistance.
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Traders expect new local highs next as BTC price continues to recover.
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The US Federal Reserve is tapped to cut interest rates again next week.
Bitcoin (BTC) challenged $112,000 at Sunday’s weekly close as traders anticipated new local highs.
Bitcoin traders target fresh volatility
Data from Cointelegraph Markets Pro and TradingView indicated that a range action BTC BTC price characterized the weekend.
A late rebound on Friday helped the bulls move to a higher level on the week’s range, aided by The pleasing US inflation data.
Today, market participants saw the potential for fresh highs emerging, with the weekly close typically experiencing increased volatility.
My holding is over $108,200. Target $113,000 high. pic.twitter.com/axztvseqto
– Crypto Tony (@cryptotony__) October 26, 2025
Trader Crypto Caesar noted the $112,000 resistance level which was retested during the day.
“A clean break and close to the top could confirm a continuation towards $123k,” he write in a post on X.
Crypto investor and entrepreneur Ted Pillows has similar ideas.
“$BTC seems to be in a short-term uptrend said X Followers of the day.
“I still see a $112,000-$114,000 zone, as a reclaim could push BTC above $118,000 soon.”
Others waited in the wings, with the X analytics account named after the famous economist Frank Fetter “watching” a break of $ 113,000.
watching $ Btc. pic.twitter.com/8fok6ntcxo
– Frank (@Frankofetter) October 25, 2025
This, this added Last week represented the current aggregate cost basis for short-term holders of Bitcoin—entities who have been holding for up to six months.
“If BTC can capture the short-term holding cost base at $113K, a move to the blue band of $130k-$144K feels right,” it said.
Fed rate-cut odds boost risk-asset play
Looking ahead, the coming week holds another major event for crypto and risk investors.
Related: Worst Uptober ever? Bitcoin price risks first ‘red’ October in years
The US Federal Reserve, fresh off cooler-than-expected inflation numbers, is expected to cut interest rates by 0.25% at its October 29 meeting.
Data from CME Group’s Fedwatch tool Place the odds of the outcome above 98% at the time of writing.
Commenting, trade source Kobeissi’s letter puts the Fed’s cuts in context as part of a global rate “pivot” by central banks.
“So far, 82% of the world’s central banks have cut rates in the past 6 months, the highest share since 2020. This century, central banks have cut rates at a pace seen only in recessions,” it write to x.
“Global financial easing is in full swing.”
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should do their own research when making decisions.
