[LIVE] Bitcoin NEWS: Bitcoin Holds Steady Above $110k, What Will Be Necessary For It To Challenge $115k Again?

The latest interest rate reduction by the Fed (Federal Reserve) and updates regarding the US-China trade situation have provided a positive shift for risk-oriented assets such as BTC. However, against the widespread expectations, the market has yet to establish a solid base.

Currently

BTC
Bitcoin

$110,887.02


0.25%

BTC
BTC


Price

$110,887.02

0.25% /24h





Volume in 24h

$34.49B


Price 7d

is currently stabilizing above the $110,000 threshold, registering a 0.98% increase over the past week and 0.50% in the last 24 hours.

BTC has been oscillating between the 100-day SMA (Simple Moving Average) at $114,194 and the 200-day SMA serving as support at $109,763. The base level near $109,000 has repeatedly drawn significant buying interest.

(Source: TradingView)

The resistance around $114,000 is where the bulk of profit-taking is occurring. This back-and-forth indicates that the trading market is currently in equilibrium, with buyers and sellers evenly matched.

For BTC to regain its upward trajectory, it needs to clearly surpass its 100-day MA or maintain its 200-day MA as support.

Should Bitcoin succeed in closing above the $114k mark on the daily chart, a upward movement toward $120k or even $122k could occur. Conversely, if it drops beneath the $108k level, it may fall further to the next base level range, where buyers are poised to re-enter around $102k or $104k.

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BTC Price News: 4 Hour Chart Analysis Shows BTC Consolidating Before A Upward movement

Analyzing the 4-hour chart, the Bitcoin price has been consistently bouncing off the $108k -$109k zone, serving as a price floor level where buyers are stepping in. Each rebound from this area reflects a higher low, indicating strength.

Nonetheless, it hasn’t managed to break through the $115k level, which continues to be a stronghold for sellers.

At this moment, price fluctuations are diminishing, creating an atmosphere of anticipation ahead of a potential breakout. If BTC surpasses $116k, it may gain the necessary momentum to challenge the $115-$116k range.

$BTC price is nearing the $111,075 barrier level threshold. A sustained breach above this point would imply that at least wave-(C) is developing positively. pic.twitter.com/VCGaMeZt5M

— Man of Bitcoin (@Manofbitcoin) November 2, 2025

However, if it falls below $108k, it may explore the next price floor area around $102k.

Regardless, until one of these critical levels is breached, BTC’s price movements are likely to continue oscillating within this range prior to a breakout.

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BTC Protocol Activity Slowing, Yet $108k Base level Remains Strong

In other Bitcoin updates, while the price remains elevated and consolidated above $110k, the count of active addresses has gradually decreased. Typically, this signifies a cooling off in the market.

(Source: CryptoQuant)

From a speculative perspective, it seems traders are either cashing in profits or waiting for the next significant movement. Nonetheless, current market activity is still more robust than during the accumulation phase of 2024, indicating that the trading market is not in a state of panic just yet.

Moreover, similar declines in address activity near price base level levels have historically preceded substantial buying phases and trend reversals, similar to what occurred in late 2023 and mid-2024.

If the active address count starts to stabilize while BTC price maintains its position around $108 -$110k, it may suggest that investors are quietly accumulating once more.

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The post [LIVE] Bitcoin NEWS: BTC Stabilizes Above $110k, What’ll It Take For It To Retest $115k? appeared first on 99Bitcoins.