{"id":54582,"date":"2025-10-24T06:18:50","date_gmt":"2025-10-24T06:18:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=54582"},"modified":"2025-10-24T06:18:50","modified_gmt":"2025-10-24T06:18:50","slug":"bitcoins-next-move-depends-on-these-3-key-factors","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=54582","title":{"rendered":"Bitcoin\u2019s Next Move Depends on These 3 Key Factors"},"content":{"rendered":"
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Bitcoin has been rangebound for the past week, trading around a support and resistance zone at $108,000; however, its next move up could be very soon, say analysts.<\/p>\n

This year has largely been a \u201cpositioning reset for Bitcoin\u2019s market structure in spot and derivatives,\u201d said<\/a> crypto entrepreneur Joe Consorti on Thursday.\u00a0He added that there has been long-term holder distribution above $100k and $110k, \u201cpaired with macro headwinds preventing a sustained bid to counteract the distribution,\u201d and this has all been capped off by a major liquidation event that reset positioning in derivatives.<\/p>\n

Three Drivers of BTC in Q4<\/h2>\n

Its next major move will be driven by the US government reopening after more than three weeks of shutdown and a meeting to discuss trade tariffs between the US and Chinese presidents.<\/p>\n

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\u201cNow that leverage has been flushed, the government will reopen soon, and the Trump-Xi meeting is on the horizon, Bitcoin should pick up into year-end.\u201d<\/p>\n<\/blockquote>\n

He added that the US central bank is also growing more supportive, and \u201cmanagers are going to rebalance into risk by year-end.\u201d<\/p>\n

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\u201cIt\u2019s hard not to be bullish over the next several months and throughout 2026 despite the horrible sentiment.\u201d\u2019<\/p>\n<\/blockquote>\n

A Federal Reserve rate cut, which is virtually guaranteed next week, is also very bullish for Bitcoin and crypto markets. It is unlikely that any surprises with today\u2019s CPI inflation report will deter the Fed from cutting rates, as it is primarily focused on labor market woes.<\/p>\n

Investor Fred Krueger also pointed out<\/a> that there will be two rate cuts this year, then a third expected in January, which could prolong the cycle.<\/p>\n

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\u201cRate cut in 6 days. Then again in 48 days. Then again in 97 days. Then we have a new Fed Chair in May who will make Bernanke look like Paul Volker. Enjoy missing out on the next bull market, cycle theorists.\u201d<\/p>\n<\/blockquote>\n

Trader \u2018Stockmoney Lizards\u2019 observed that no primary indicator was flagging red, but there may be some short-term bearish indicators.<\/p>\n

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\u201cThis currently is a buy-the-dip opportunity for me.\u201d<\/p>\n<\/blockquote>\n

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Bitcoin
\nSupport is support, until it is broken.
\nResistance is resistance, until broken.
\nA bull market is a bull market, until it is over.<\/p>\n

No major indicator is flagging \u201cred\u201d. There may be some signs like bearish divergences on MACD, RSI \u2026 etc. These are only valid in the\u2026 pic.twitter.com\/hQIRLFPVo6<\/a><\/p>\n

\u2014 Stockmoney Lizards (@StockmoneyL) October 23, 2025<\/a><\/p>\n<\/blockquote>\n