Bitcoin (BTC) Price Prediction: Bitcoin Flips Multi-Year Resistance Into Support, Eyes Explosive $190K Discovery Phase
Analysts are now eyeing a potential move toward the $190,000 region if current momentum persists.
Bitcoin Converts Key Resistance into Support
According to on-chain analyst group CryptoELLTS, Bitcoin has “successfully turned long-term resistance into solid support.” Historical data shows that each breakout from this multi-year structure—recorded during the 2013, 2017, and 2021 cycles—was followed by a new price discovery phase.
Bitcoin flips long-term resistance into support, eyeing a potential breakout toward $190K. Source: @CryptooELITES via X
Posted on October 27, 2025, the analysis came as Bitcoin traded between $114,000 and $116,000, reflecting growing strength after months of consolidation. The post’s logarithmic chart highlights Bitcoin’s breakout above a trendline that had capped price action for nearly three years.
CryptoELLTES’ current projection points toward the $190K zone, assuming trend continuity and sustained on-chain demand. This view aligns with cycle-based models forecasting 2025 peaks between $180,000 and $260,000, though diminishing returns could result in an earlier top near current levels.
Macro Consolidation Reinforces Market Stability
Market analyst Rekt Capital also highlighted Bitcoin’s resilience, noting that it continues to consolidate within a broad monthly range. “Bitcoin is enjoying a strong rebound from the macro range low,” the analyst said on X. “Still just Macro consolidating inside this monthly range. In fact, Bitcoin has a chance to turn the September monthly highs into new support by the end of the month.”
Bitcoin rebounds from the macro range low, aiming to turn September highs into new support. Source: @rektcapital via X
Data shows Bitcoin rebounding from the $108,000 zone and retesting the $115,000 area—a level that could become pivotal support into the November close. Maintaining this range strengthens Bitcoin’s technical structure, potentially paving the way for a fresh leg higher.
This macro-range stability comes as the BTC market cap hovers above $2.2 trillion, underpinned by consistent BTC ETF inflows and renewed institutional activity from players like BlackRock and Fidelity, according to recent ETF tracking data.
FOMC Volatility and Near-Term Scenarios
Short-term volatility remains a key consideration as traders prepare for the upcoming Federal Open Market Committee (FOMC) meeting. According to crypto analyst BitBull, two possible short-term paths could unfold: either a post-FOMC dip toward the $106,000–$107,000 range before a strong rebound to new all-time highs, or a smaller correction to $110,000–$111,000 during the event, followed by a bullish continuation.
BTC may dip to $106K–$111K around the FOMC before reversing for a final leg to new all-time highs. Source: @AkaBull via X
Despite these short-term fluctuations, BitBull maintains a confident outlook, stating that “the BTC top is not in.” The broader trend remains upward, supported by structural strength, rising institutional inflows, and ongoing bullish momentum—all of which suggest that any potential correction could be temporary before Bitcoin resumes its next leg higher.
Final Thoughts
Bitcoin’s flip of multi-year resistance into firm support marks a key turning point in the 2025–2026 bull cycle. Backed by strong technical momentum and growing institutional demand from firms like BlackRock and Fidelity, Bitcoin’s consolidation around the $114,000–$116,000 range signals solid market confidence.
Bitcoin (BTC) was trading at around $115,516, down 0.12% in the last 24 hours at press time. Source: Bitcoin Price via Brave New Coin
Short-term volatility tied to macro events such as the FOMC meeting could spark brief dips toward $106,000–$111,000, but the broader outlook remains bullish. If support holds, Bitcoin could soon enter a new price discovery phase, targeting the $180,000–$190,000 zone.
Content Original Link:
" target="_blank">
