Bitcoin News Today: Bitcoin Faces $100K Turning Point as Bulls and Bears Clash in $250K Battle
Bitcoin Price Swings Sharply as Experts Argue Over $100K Floor and $250K Upside
On October 22, 2025, Bitcoin (BTC) traded around $108,200, with market participants eyeing a possible golden cross on the 3-day chart—a technical indicator often associated with major upward moves. After reaching a record high of $125,761 earlier in the month, the cryptocurrency has been consolidating between $107,000 and $114,000, according to a
Technical analysts pointed out that the 50-day and 200-day moving averages are converging near $108,200, and a confirmed golden cross could open the door to a rally toward $125,000–$130,000, as highlighted by crypto.news. Meanwhile, the Crypto Fear and Greed Index plunged to 25, reflecting heightened investor anxiety, according to a
Mike Novogratz, CEO of Galaxy Digital, identified $100,000 as a crucial support level, cautioning that a drop below this point could send prices down to the $100,000–$105,000 range, as reported by crypto.news. On the other hand, a move above $115,000 could spark renewed bullishness, especially if broader economic factors are favorable, Novogratz told
Some analysts remain guardedly positive, while others set their sights higher. Novogratz stated that reaching $250,000 by year-end would require "a lot of extraordinary events," given there are only 10 weeks left in 2025, according to a
In contrast, bullish voices like Fundstrat’s Tom Lee and BitMEX’s Arthur Hayes are sticking to their $250,000 predictions, citing the halving cycle, increased institutional involvement, and global liquidity trends, as referenced in the TradingView piece. Geoffrey Kendrick of VanEck shared a similar outlook, projecting a $200,000 target by year-end and advising investors to "buy the dip" if prices fall below $100,000, according to a
Upcoming economic releases, such as the October 24 CPI data and the Federal Reserve’s October 29 FOMC meeting, could add to short-term volatility, analysts wrote in a
Bitcoin’s 18% pullback in October has been described as a "liquidity-driven mid-cycle reset" rather than a new bear market, with VanEck noting that leverage has normalized and institutional activity in regulated markets is increasing, the Bitcoin Magazine report said. On-chain data also points to a maturing market, with daily active addresses rising to 722,000 and monthly transfer volume reaching $86 billion, the report added.
Although Bitcoin remains the main focus, other leading cryptocurrencies such as
The next few weeks are expected to be crucial for Bitcoin’s direction. A confirmed golden cross, regulatory shifts, or geopolitical events could determine whether the market consolidates or embarks on a sustained rally. As Novogratz remarked, "Bitcoin is still a 50-vol asset," highlighting the asset’s inherent volatility and the frequency of significant price swings, the TradingView piece concluded. Investors remain divided between caution and optimism, with $100,000 acting as both a psychological milestone and a key indicator for the severity of the ongoing crypto winter.
