Bitcoin slipped into a tight holding pattern, trading below a clean breakout threshold at 08:00 UTC as buyers and sellers marked out a narrow corridor with clear levels above and below.
According to CoinDesk Research’s technical analysis data model, bitcoin BTC$111,724.23 moved from $111,157 to $111,634 during the 24 hours ending Oct. 25, 08:00 UTC, contained inside a roughly $2,025 (about 1.8%) band. The session’s map set resistance around $111,800–$111,900 and support near $109,800, with no dominant catalyst to force a sustained move.
Trading activity peaked at 14:00 UTC on Oct. 24, when volume rose to 23,728 BTC — about 180% above the 24-hour average of 8,200 BTC — while price pressed into $109,818 and stabilized. Into the final hour of the window, bitcoin eased from $111,745 to $111,545 (about 0.18%) as turnover cooled to around 85 BTC per minute versus a prior roughly 135 BTC per minute, then coiled between $111,540 and $111,645, consistent with consolidation.
A clean break and hold above $112,000 on UTC closes would shift focus to $115,000. Losing $109,800 would bring $108,000 back into view.
Over the same window, CD5 rebounded intraday from 1,920.75 to 1,961.57 before settling at 1,940.94 by Oct. 25, 08:00 UTC, leaving momentum mixed just below the 1,950 area.
CoinDesk Research’s model places the 200-day near $108,000 and the 100-day near $115,000 as reference levels during the window ending Oct. 25, 08:00 UTC.