Bitcoin Price (BTC) climbed to a new maximum of all time during the night, reaching around $ 125,700 during the SIMNESS session on Sunday before returning to the low -end of $ 123,000.
The event extended a series of eight -day victories and arrived while Etf’s affluses increased next to a weaker US dollar among the renewed concerns for a potential arrest of the government.
The move has passed the previous peak of Bitcoin Mid-August, marking another milestone in the strongest running of the activity since the beginning of 2024. The price action became volatile near 12:45 et, when BTC launched new maximums before sliding a few thousand dollars.
How long can the bitcoin ups of Bitcoin among the increasing shorts?
A large catalyst behind the move has been continued to buy Us Spot Bitcoin ETF via US SPOT SPOT.
Coinglass data It shows about $+985.10 million net afflusted from today, the second largest since their January launch, coinciding with the climb of Bitcoin to new records.
(Source: slate)
The chain data support the upward installation: BTC held by Exchange has dropped to around 2.83 million coins, the lowest level in six years.
Analysts believe that the decline of the available offer can retain the sale, which will support the largest bearish commercial history while investors cover themselves against a weaker dollar.
Trader inclined noted On X that the event could be “bait” for long and too safe, observing that the “passive shorts” are building close to the current tops, a sign that the bearish bets are safely stacking despite the bullish titles.
In the short term, the question for Bitcoin is whether the Etf afflusted and macroeconomic winds will be able to support the breakout or if the market heats up in a new consolidation period.
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Bitcoin price forecast: will Bitcoin’s $ 118k support support or activate a deeper correction?
Coinglass data indicated The fact that the traders were preparing for greater volatility and liquidity was sucked into the orders book.
(Source: slate)
The weekend trading tends to exaggerate price movements due to thinner volumes, making recent oscillations of the less reliable prices as long -term direction indicators.
Crypnuevo analyst highlighted The EMA of 50 periods on the four -hour ranking is now just above $ 118,000 as a possible short -term support if Bitcoin’s pullback is deepened.
For the week to come, I think we could see a 4h50ema test: it is too extensive and you can see the tests in previous actions similar.
After that, we should see a new move higher.
Therefore, I am still preferring long beyond the shorts of the 4h50ema. pic.twitter.com/geqdgmlba8
– Crypnuevo
(@Crypnuevo) 5 October 2025
That level, he said, could act as a “cooling area” in which the market is restored before any new higher leg.
(Source: x)
At the same time, rekt capital underlined Bitcoin’s refusal near $ 124,000 was not unusual.
It should not be surprised that Bitcoin has refused from ~ $ 124k for the first time to ask for in this tendency to rise
After all, the last time Bitcoin was rejected by $ 124k, the refusal preceded a -13% pullback
Bitcoin must demonstrate that this $ 124k resistance is a weakening point … https://t.co/GCDXXQVYDV pic.twitter.com/goxebtyulo
– rekt capital (@rektcapital) 4 October 2025
He observed that this level is served by resistance in past cycles, once leading to a 13%drop.
The next sessions will be important. The traders are looking if BTC can stabilize key support or slip into a deeper correction as the market cools down.
(Source: x)
Bitcoin technically came out a decline channel that contained prices since August.
It represents such a breakout that occurred at the beginning of the year, characterized by a solid movement upwards after several weeks of horizontal action.
In a graphic published Bitbull, there were two parallel tracks, each with steep gatherings. To about $ 124,700, estimate that it can extend to around $ 135,000- $ 140,000 in the near future.
$ BTC The rise in the rise is not over yet.
There may be some corrections, but this is not the top.
I think BTC could gather towards $ 135k- $ 140k this month and perhaps $ 160k by November before a cycle. pic.twitter.com/vvxggjad78
– bitbull (@akabull_) 5 October 2025
Bitbull even said that the current cycle would reach a peak up to $ 160,000 by November, since the market had not yet reached the best.
In another Analysis by Daan CryptoA clear strength indicator in Bitcoin on the weekly graph is the rebound of the supporting band of the bull market.
After a few weeks to consolidate in that area, BTC shot over $ 124,000, affirming a rejuvenation of the biggest trend. In the past, that band was usually the beginning of the big bull races.
The analyst indicated that the rebound outside this area strengthens Bitcoin’s bullish construction.
(Source: x)
Without losing the support band, he added, the trend is still direct until the buyers are responsible.
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The forecast of Bitcoin Post prices: the BTC price establishes a new maximum of all times at $ 125.7k since the urge of Etf afflusted has appeared first out of 99 bitcoins.