{"id":31783,"date":"2025-10-09T03:41:09","date_gmt":"2025-10-09T03:41:09","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=31783"},"modified":"2025-10-09T03:41:09","modified_gmt":"2025-10-09T03:41:09","slug":"bitcoin-nears-cycle-peak-traders-eye-historic-turning-point","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/sv-eu\/analysis\/bitcoin-nears-cycle-peak-traders-eye-historic-turning-point\/","title":{"rendered":"Bitcoin Nears Cycle Peak, Traders Eye Historic Turning Point"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/sv\/wp-content\/uploads\/sites\/10\/2025\/04\/download-1-1-1024x559.png\" alt=\"\" class=\"wp-image-20974\" srcset=\"https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/04\/download-1-1-1024x559.png 1024w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/04\/download-1-1-300x164.png 300w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/04\/download-1-1-768x419.png 768w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/04\/download-1-1.png 1408w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Key Points<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bitcoin eased 0.9% to $121,723.75 after reaching a record high above $126,100 earlier this week.<\/li>\n\n\n\n<li>Consolidation near the $120,000 level suggests profit-taking, but technicals remain supportive of an ongoing uptrend.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<p>Bitcoin steadied near <strong>$121,700<\/strong> on Thursday, slipping <strong>0.9%<\/strong> from recent highs as traders took profits after the cryptocurrency\u2019s latest surge to a new all-time high above <strong>$126,100<\/strong> earlier in the week.<\/p>\n\n\n\n<p>The move marks a period of consolidation following a rapid advance that lifted prices by more than <strong>20%<\/strong> in less than a month. Despite the pullback, Bitcoin remains firmly within a bullish structure, with <a href=\"https:\/\/t.co\/h5ovkfxuVy\" target=\"_blank\" rel=\"noopener\" title=\"\">strong institutional demand and steady ETF inflows<\/a> underpinning sentiment.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">The growing aversion to large reserve currencies, including the dollar, has been propelling the record rallies in gold and Bitcoin \u2014 and the trend will go on, according to Eurizon strategists <a href=\"https:\/\/t.co\/dIkxcq7iIg\">https:\/\/t.co\/dIkxcq7iIg<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1975995669522370980?ref_src=twsrc%5Etfw\">October 8, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Market participants are now watching whether Bitcoin can maintain traction above the <strong>$120,000<\/strong> level, a zone viewed as both psychological and technical support.<\/p>\n\n\n\n<p>A sustained hold could strengthen the case for another upward leg, while a deeper correction below <strong>$118,000<\/strong> would point to cooling short-term momentum.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Analysis<\/h2>\n\n\n\n<p><strong>Bitcoin (BTC\/USD)<\/strong> is trading at <strong>$121,723<\/strong>, down <strong>0.90%<\/strong> in the past 24 hours, as the world\u2019s largest cryptocurrency consolidates after its sharp climb above <strong>$120,000<\/strong> earlier this week.<\/p>\n\n\n\n<p>The move follows a powerful breakout from the <strong>$98,000\u2013$100,000<\/strong> range that had capped prices for much of Q3, signalling strong bullish momentum, though near-term fatigue is beginning to show.<\/p>\n\n\n\n<p>From a <strong>technical perspective<\/strong>, Bitcoin remains comfortably above its key moving averages (<strong>5-, 10-, and 30-day MAs<\/strong>), suggesting the broader uptrend is still intact.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"450\" src=\"https:\/\/www.vtmarkets.com\/sv\/wp-content\/uploads\/sites\/10\/2025\/10\/image-11-1024x450.jpeg\" alt=\"\" class=\"wp-image-31784\" srcset=\"https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/10\/image-11-1024x450.jpeg 1024w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/10\/image-11-300x132.jpeg 300w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/10\/image-11-768x337.jpeg 768w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/10\/image-11.jpeg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>However, today\u2019s red candle hints at short-term profit-taking as traders reassess risk after the extended rally. The <strong>MACD<\/strong> remains in positive territory, though the histogram shows signs of contraction, a potential precursor to momentum cooling if the crossover narrows further.<\/p>\n\n\n\n<p>The <strong>immediate support<\/strong> zone is seen near <strong>$118,000<\/strong>, aligning with the recent breakout level and the 10-day MA. A clean bounce from this area could set BTC up for another leg higher, potentially retesting resistance at <strong>$125,000\u2013$127,000<\/strong>.<\/p>\n\n\n\n<p>Conversely, a decisive close below <strong>$118,000<\/strong> could invite a deeper correction toward <strong>$111,000<\/strong>, where the 30-day MA sits as a stronger support base.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Cautious Forecast<\/h2>\n\n\n\n<p>For now, Bitcoin appears to be entering a <strong>healthy consolidation phase<\/strong>, absorbing recent gains before potentially retesting resistance above <strong>$126,000<\/strong>.<\/p>\n\n\n\n<p>A breakout above this zone could open a path toward <strong>$135,000\u2013$140,000<\/strong>, while a failure to hold <strong>$120,000<\/strong> could trigger a corrective move toward the <strong>$115,000<\/strong> handle.<\/p>\n\n\n\n<p>The broader trend remains bullish, but traders may see volatility intensify as <a href=\"https:\/\/t.co\/xLToa18AIn\" target=\"_blank\" rel=\"noopener\" title=\"\">markets balance near-record valuations<\/a> against increasingly crowded long positions.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Create your live VT Markets account<\/a> and <a href=\"https:\/\/myaccount.vtmarkets.com\/login?_gl=1*5vyjdn*_gcl_au*Njc1MzM0NjY0LjE3NTEzNTM4MTc.*_ga*MjA5ODA0NDIzNC4xNzI3OTE1ODQ1*_ga_J26NL1ZVX7*czE3NTE4NzkxMDYkbzMwOCRnMSR0MTc1MTg3OTExOCRqNDgkbDAkaDA.*_ga_6XQ8153GYW*czE3NTE4NzkxMDgkbzU3JGcxJHQxNzUxODc5MTE4JGo1MCRsMCRoMA..*_ga_BG6LYEHPX1*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMTgkajUwJGwwJGgw*_ga_J8BRGZSREX*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjIkajQ2JGwwJGgw*_ga_7CG6454YR5*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjIkajQ2JGwwJGgw*_ga_69Z54R4H9N*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjIkajQ2JGwwJGgw*_ga_CY2VCKFC3C*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjIkajQ2JGwwJGgw*_ga_TXZ07R2C21*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjUkajQzJGwwJGgw*_ga_17TMGY9BBE*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjUkajQzJGwwJGgw*_ga_MWDVVSEVL5*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjUkajQzJGwwJGgw*_ga_2QCC3S2748*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjUkajQzJGwwJGgw*_ga_E7D2PCX624*czE3NTE4NzkxMjYkbzUkZzAkdDE3NTE4NzkxMjYkajYwJGwwJGgw*_ga_XJ4037XKK6*czE3NTE4NzkxMjYkbzUkZzAkdDE3NTE4NzkxMjYkajYwJGwwJGgw*_ga_EJCVQDC7VT*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjYkajQyJGwwJGgw\" target=\"_blank\" rel=\"noopener\" title=\"\">start trading<\/a> now.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin traded just under $122,000 after hitting a fresh record high earlier in the week, as traders assess momentum amid rising institutional inflows and a maturing market cycle. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":5,"featured_media":20974,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[28,25],"class_list":["post-31783","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-bitcoin","tag-crypto"],"acf":{"acf_article_selection_author":""},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/posts\/31783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/comments?post=31783"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/posts\/31783\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/media\/20974"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/media?parent=31783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/categories?post=31783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/tags?post=31783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}