Bitcoin fell into a tight hold pattern, trading below a clean breakout threshold at 08:00 UTC as buyers and sellers marked a narrow passage with clear levels above and below.
Session overview
According to CoinDesk Research’s technical analysis data model, Bitcoin BTC$111,724.23 It rose from $111,157 to $111,634 in the 24-hour period ending 08:00 UTC on October 25, staying within a range of approximately $2,025 (about 1.8%). The map for this session shows resistance set near $111,800 to $111,900 and support near $109,800, with no strong catalysts present to force a sustained move.
Volume and intraday context
Trading activity peaked at 14:00 UTC on October 24th, with volume rising to 23,728 BTC, approximately 180% above the 24-hour average of 8,200 BTC, while the price stabilized, pushing it to $109,818. Entering the final hours of the window, Bitcoin fell from $111,745 to $111,545 (about 0.18%) as sales cooled from about 135 BTC per minute to about 85 BTC per minute, before spiraling between $111,540 and $111,645, coinciding with the consolidation.
What to watch next
If we can break and sustain a clean break above $112,000 at the UTC close, the focus will shift to $115,000. If you lose $109,800, you have $108,000 back in your sights.
Snapshot of CoinDesk 5 Index (CD5)
Within the same window, CD5 rebounded from 1,920.75 to 1,961.57 during the day, settling at 1,940.94 by 08:00 UTC on October 25, with mixed momentum just below the 1,950 area.
moving average
CoinDesk Research’s model places the 200-day price at around $108,000 and the 100-day price at around $115,000 as reference values during the window ending at 08:00 Coordinated Universal Time (UTC) on October 25th.
Disclaimer: Portions of this article were generated with the help of AI tools and reviewed by our editorial team to ensure accuracy and compliance. our standards. For more information, see CoinDesk’s complete AI policy.
