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Bitcoin Consolidates Above $111,000 as Breakout Awaits Fresh Catalyst

Bitcoin Consolidates Above $111,000 as Breakout Awaits Fresh Catalyst

CryptoNewsNet2025/10/25 10:15
By: coindesk.com
BTC-2.06%

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.

Session overview

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.

Volume and intraday context

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.

What to watch next

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.

CoinDesk 5 Index (CD5) snapshot

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.

Moving averages

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.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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