FX.co ★ #Bitcoin chart analysis

Bitcoin (BTC/USDT) reflects recent macroeconomic developments in October 2025. The Federal Reserve implemented a 25-basis-point rate cut in September and signals another potential reduction at the October 28-29 meeting amid a weakening job market. Inflation accelerated to 2.9 percent annually in August, supporting Bitcoin as a hedge against currency devaluation. The U.S. dollar index hovers around 98, exerting downward pressure on cryptocurrency prices. Institutional inflows into Bitcoin ETFs reached a record $5.95 billion weekly, with BlackRock's IBIT dominating at $970 million in a single day. Geopolitical tensions and U.S. government shutdown risks have driven safe-haven demand, boosting sentiment amid supply shock from limited issuance. The 12-hour chart exhibits a defined market structure with prominent elements. Demand zones form at 97,000-100,000 and 105,000-106,000, where price found support during recent dips. Supply zones appear at 122,000-126,000 and 130,000, acting as resistance. Liquidity sweeps occurred at 126,000, where price rejected highs, and 97,000, where lows were tested. Downside liquidity pools remain unmitigated below 97,000 toward 90,000-85,000, while upside liquidity pools target above 130,000. Fair value gaps emerge between 115,000-118,000 from the recent drop, and order blocks include a bullish one at 97,000-100,000 and a bearish one at 122,000-126,000. The chart highlights structural shifts with multiple BOS points.

Bullish scenarios activate if price sustains above 122,000 on a 12-hour close, targeting 130,000-135,000 initially, with extension to 140,000 if volume rises. Confirmation requires a retest of 118,000 as support and RSI above 50. Bearish paths trigger on rejection at 122,000 or breakdown below 106,000, aiming for 100,000-97,000 first, then 90,000-85,000 if momentum persists. Traders should place stops above 126,000 for shorts or below 100,000 for longs and monitor for increasing volume as a trend signal. Bitcoin currently positions between the 97,000 demand zone and 122,000 supply zone in a consolidation phase. Liquidity sweeps remain critical, as recent rejections at 126,000 highlight active order flow. Upcoming U.S. non-farm payrolls revisions and Federal Reserve minutes could drive volatility. Both buy and sell opportunities exist until a sustained breakout above 126,000 or below 97,000 confirms the next trend.