Crypto News Updates: BTC Recovers and Remains Above $111k, Is a $115k Retest Imminent?
During October, Bitcoin’s (Bitcoin) crypto market performance has been characterized by a continual clash between optimistic investors fueled by institutional involvement and wary profit-taking. Earlier this month, BTC reached its peak (ATH) at $126,198, propelled by robust market demand for BTC ETFs and a depreciating dollar. In recent crypto asset news, its price is now stabilizing just north of $112,400. Will it challenge its ATH once again? Let’s investigate.
Reflecting back to mid-October, BTC’s market activity experienced a notable decline, falling beneath $105,000. Sentiments were running high, as some traders viewed this as a possible floor for its pricing. Yet again, Bitcoin has proven its strength.
Post the substantial liquidation incident on October 10, Bitcoin has managed to recover. Currently trading at
, it has remained above $111,000, just below its average of $115,000 for the month.
At this moment, all attention is on its price movements as traders anticipate a definitive price breakout for BTC to sustain its upward trajectory. With BTC now exceeding $112,000, maintaining this level would facilitate a test of $115,000.
$BTC UPTREND BETS GO TO THE MOON!
$7.8 BILLION in #Bitcoin LONG positions are now positioned and primed to pressure shorts. pic.twitter.com/ZQ1P9xcvqm
— Token Bureau (@coinbureau) October 26, 2025
Nonetheless, a downturn from its current price will put the base level level at $107,535 to the test. Should this level falter, the next threshold to monitor is $105,600.
(Source: CoinMarketCap)
Simultaneously, prominent advocates for Bitcoin have sustained their optimistic perspective on the leading cryptocurrency. In a recent interview with Anthony Pompliano, BitMine’s CEO Tom Lee articulated that BTC’s long-term value could soar to $2 million per crypto token if it reaches the trading market cap equivalent of Gold.
Additionally, Strategy CEO Michael Saylor has estimated BTC could achieve a valuation of $21 million per coin within the next 21 years.
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Crypto News Updates: Bitcoin Price Movement at Daily Price ceiling, Will We See a $115K Test?
Currently, BTC is evolving within a symmetrical triangle pattern, indicating a significant move is imminent. On the 4-hour chart, its price is compressing between its price floor at $107,535 and a barrier level at $114,094.
(Source: TradingView)
Moreover, its price has regained its 50-day EMA at $111,523 and the Relative Strength Index (RSI) is at 59, signaling a strengthening optimistic sentiment without yet entering the overbought zone.
If BTC closes above $114,000, targets of $117,000 and $120,000 could be on the horizon, alongside a potential surge to $125,000.
$BTC ANNOUNCEMENT
The plan is straightforward
We are standing right at the daily resistance.
If $BTC breaks above it and establishes price floor, the next objective lies around $113.6K–$114.4K.
However, this area will also serve as a significant resistance.
If it manages to break and secure above, we may be headed toward… pic.twitter.com/4f2G0WFnzJ— Crypto Spotter (@CryptoSpotter05) October 26, 2025
However, this relies on Bitcoin maintaining its position above $111,000.
In spite of $40 million in liquidations that swept through leveraged traders, BTC’s broader outlook, fueled by fundamentals such as clearer regulations, increasing institutional lending, and decreasing inflation continues to underpin its short-term recovery.
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ISM Data Indicates That Bitcoin’s Market Cycle Might Exceed Forecasts
Bitcoin’s current trading market phase might last longer than anticipated, potentially linked to recent US manufacturing data.
In an analysis by an analyst known as Colin Talks Crypto, he highlighted the ISM Manufacturing PMI, which gauges the performance of US factories.
Historically, BTC has tended to peak when this index has risen above 50, indicating growth in manufacturing, suggesting a correlation between BTC’s peaks and the ISM Manufacturing PMI.
This time, however, the PMI has remained below 50 for seven consecutive months, indicating ongoing contraction in the sector. If history is any guide, BTC won’t likely see its peak until manufacturing begins to recover.
Is the ISM (often referred to as the “business cycle”) going to correlate with the upcoming $BTC peak?
If so, it would imply a significantly longer cycle compared to typical BTC cycles, marking an anomaly in traditional analyses of BTC cycles. As a result… https://t.co/DJ0MAFO52y pic.twitter.com/OFFa35wxVb
— Colin Talks Crypto
Why is this important? Because as the economy recovers and factories work at capacity, investors often take on more risk, which tends to lead to increased inflows into risk assets such as cryptocurrencies. However, due to weak buyer interest and high costs, the recovery signal hasn’t emerged yet.
That said, the manufacturing sector in the US no longer holds the significance it once did, so this indicator may not be as dependable as in the past.
A low PMI doesn’t ensure a recession or a lengthy optimistic run, but it still merits observation.
Crypto Trader Profits $17M from BTC & ETH Bounce
A crypto crypto holder known as 0xc2a accrued $17 million in gains by taking long positions on BTC and ETH during the dip and subsequent rebound in October.
Upon BTC dropping below $105,000 in mid-October, the trader opened long positions anticipating a recovery, which materialized with Bitcoin and ETH rising 4% and 2% respectively.
Data from Arkham Intelligence and Lookonchain indicates that the trader’s wallet (0xc2a) currently holds 1,483 BTC (approximately $165 million) and 33,270 ETH (about $131.3 million), culminating in an active long position of nearly $300 million.
THIS INVESTOR HAS MADE $17 MILLION IN JUST 2 WEEKS
Trader 0xc2a registered for a Hyperliquid account only two weeks prior and has already turned a profit of $17 MILLION.
Current positions? Long $131M $ETH and $155M $BTC. pic.twitter.com/IUQr6hLgkn
— Arkham (@arkham) October 25, 2025
Remarkably, the account boasts a perfect win rate with no losses documented.
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Whale Alert: $356M In BTC Acquired in Five Hours
A large holder known as bc1qd3 has acquired over $356.6 million in Bitcoin during a span of five hours, marking one of the largest single-address purchases in recent months.
This significant acquisition aligns with a broader trend of whales withdrawing Bitcoin from exchanges and into private wallets, strategically building their holdings during this phase of trading market uncertainty.
Large holder bc1qd3 has accumulated 3,195 $BTC($356.6M) within the past 3 hours.https://t.co/huOxKK9ANP pic.twitter.com/H5nNUyumm3
— Lookonchain (@lookonchain) October 26, 2025
Meanwhile, mid-sized whales have also been actively accumulating, showing a growing positive sentiment towards a potential price recovery.
The post Crypto News Updates: BTC Recovers And Stays Above $111k, Is A $115k Re-test On The Horizon? appeared first on 99Bitcoins.
