Crypto Writer
Arslan Butt
Crypto Writer
Arslan Butt
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During the European session, Bitcoin is consolidating near the $110,000 level, as an EMA is blocking its way to the upside. Earlier today, BTC extended its Halloween slump, dipping below $110,000 as traders brace for a potential weekend rebound.
This price action follows days of tight consolidation within a symmetrical triangle pattern, a classic setup signaling indecision before volatility strikes. The coin currently trades around $110,162, with buyers defending support near $106,300 and sellers capping gains at $112,000.
The market’s hesitation mirrors broader risk sentiment after the Federal Reserve’s dovish tone on liquidity. BTC’s narrowing price action reflects reduced volatility, often the calm before a breakout. “The structure is compressing, and we’re approaching an inflection point,” noted analysts tracking the pattern.
Bitcoin (BTC/USD) Technical Setup Hints at a Breakout
On the 4-hour chart, Bitcoin price prediction remains bearish as BTC is bouncing from its lower trendline, where a bullish engulfing candle suggests renewed buying pressure. Still, the 50-day EMA ($111,240) remains below the 200-day EMA ($112,685), keeping the short-term bias neutral to slightly bearish.
The RSI at 46 has turned upward from oversold conditions, showing early signs of recovery. However, repeated spinning top candles indicate hesitation as bulls and bears battle for control. Price movement within this symmetrical triangle points to a volatility spike ahead, likely within days.
Key Technical Levels:
- Resistance: $112,000, $116,300, $119,700
- Support: $106,300, $103,400, $100,200
Weekend Forecast: Range or Reversal?
If BTC clears the $112,000 resistance with volume confirmation, traders could see a short-term rally toward $116,000–$119,000. However, a break below $106,300 risks a deeper slide toward $103,400.
Many traders expect a potential “weekend pump”, a pattern often seen after major selloffs when thin liquidity triggers sharp rebounds. With broader liquidity expected to expand following the Fed’s latest policy pivot, Bitcoin could soon define its November direction.
For now, a long position above $112,000 remains favorable for bullish traders, while caution is advised until a confirmed breakout forms. Whether this Halloween dip turns into a treat or another trick may depend on how Bitcoin reacts as volatility returns to the market.
Bitcoin Hyper: The Next Evolution of BTC on Solana?
Bitcoin Hyper ($HYPER) is bringing a new phase to the Bitcoin ecosystem. While BTC remains the gold standard for security, Bitcoin Hyper adds what it always lacked: Solana-level speed.
Built as the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), it merges Bitcoin’s stability with Solana’s high-performance framework. The result: lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation, all secured by Bitcoin.
Audited by Consult, the project emphasizes trust and scalability as adoption builds. And momentum is already strong. The presale has surpassed $25.2 million, with tokens priced at just $0.013195 before the next increase.
As Bitcoin activity climbs and demand for efficient BTC-based apps rises, Bitcoin Hyper stands out as the bridge uniting two of crypto’s biggest ecosystems. If Bitcoin built the foundation, Bitcoin Hyper could make it fast, flexible, and fun again.
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https://cryptonews.com/news/bitcoin-price-prediction-spooky-surprise-for-investors-as-btc-drops-below-110k-on-halloween-2025-could-there-be-a-weekend-pump/
