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Bitcoin Price Prediction: Analysts Track $120K Resistance As Whale Outflows Persist


by Parshwa Turakhiya
for CoinEdition
Bitcoin Price Prediction: Analysts Eye $116K Recovery As BlackRock Boost Sparks Demand
  • Bitcoin price today holds $113,298 after rejection near $114,850, with $113K acting as key support.
  • Whale outflows topped $101M on Sept. 30, signaling fragile demand despite broader channel support.
  • Analysts eye $116K and $120K resistance levels, with upside targets extending to $125K if breakout holds.

Bitcoin price today is trading at $113,298, slipping after rejection near $114,850 while holding support above $113,000. The market focus is on whether buyers can reclaim $116,000 and retest the $120,000 ceiling or if persistent exchange outflows will weigh on momentum.

Bitcoin Price Holds Channel Support

BTC Price Dynamics (Source: TradingView)

Bitcoin price action remains locked within a rising channel that has guided the trend since March. The daily chart shows support anchored around $111,800–$113,000, where the 50-day EMA and channel base converge.

R…

Read The Full Article Bitcoin Price Prediction: Analysts Track $120K Resistance As Whale Outflows Persist On Coin Edition.

Read the article at CoinEdition

Read More

‘Uptober’ 2025 Opens With BTC Flat and ETH Stalled as Traders Still Bet on History

‘Uptober’ 2025 Opens With BTC Flat and ETH Stalled as Traders Still Bet on History

Bitcoin and Ethereum have entered October with investors questioning whether the hist...
$125K Peak Was Just the Beginning: Analysts Eye Mid-2026 Bitcoin Top

$125K Peak Was Just the Beginning: Analysts Eye Mid-2026 Bitcoin Top

Bitcoin enters the final quarter of 2025 after a volatile September, with analysts de...

Bitcoin Price Prediction: Analysts Track $120K Resistance As Whale Outflows Persist


by Parshwa Turakhiya
for CoinEdition
Bitcoin Price Prediction: Analysts Eye $116K Recovery As BlackRock Boost Sparks Demand
  • Bitcoin price today holds $113,298 after rejection near $114,850, with $113K acting as key support.
  • Whale outflows topped $101M on Sept. 30, signaling fragile demand despite broader channel support.
  • Analysts eye $116K and $120K resistance levels, with upside targets extending to $125K if breakout holds.

Bitcoin price today is trading at $113,298, slipping after rejection near $114,850 while holding support above $113,000. The market focus is on whether buyers can reclaim $116,000 and retest the $120,000 ceiling or if persistent exchange outflows will weigh on momentum.

Bitcoin Price Holds Channel Support

BTC Price Dynamics (Source: TradingView)

Bitcoin price action remains locked within a rising channel that has guided the trend since March. The daily chart shows support anchored around $111,800–$113,000, where the 50-day EMA and channel base converge.

R…

Read The Full Article Bitcoin Price Prediction: Analysts Track $120K Resistance As Whale Outflows Persist On Coin Edition.

Read the article at CoinEdition

Read More

‘Uptober’ 2025 Opens With BTC Flat and ETH Stalled as Traders Still Bet on History

‘Uptober’ 2025 Opens With BTC Flat and ETH Stalled as Traders Still Bet on History

Bitcoin and Ethereum have entered October with investors questioning whether the hist...
$125K Peak Was Just the Beginning: Analysts Eye Mid-2026 Bitcoin Top

$125K Peak Was Just the Beginning: Analysts Eye Mid-2026 Bitcoin Top

Bitcoin enters the final quarter of 2025 after a volatile September, with analysts de...