The Bitcoin value is positioning for a doubtlessly explosive transfer that would take it properly past its earlier all-time highs. Analysts are intently watching a essential resistance degree close to $116,000, which can function the ultimate hurdle earlier than BTC catapults into uncharted territory above $126,000. 

Analyst Predicts New Bitcoin Worth All-Time Excessive

Crypto analyst Donny Dicey revealed in an X social media publish this week that the $116,000 value degree is the decisive zone Bitcoin should breach to substantiate a breakout towards a brand new all-time excessive. His technical evaluation suggests that when BTC achieves a clear break above this resistance space, momentum may swiftly carry it above $126,000. 

Associated Studying

Notably, Bitcoin set a brand new ATH on October 6, 2025, after breaking via its earlier report above $124,000 and climbing previous $126,000. Since attaining this degree, the worth of BTC has fallen dramatically to $115,000. Dicey’s accompanying chart reveals the market steadily recovering after testing assist close to $108,000, marked as a “market construction break” area, with bullish value motion consolidating above $109,000. 

The analyst has emphasised that every day Bitcoin maintains a detailed above $109,000 strengthens the chance of a powerful upward swing because the market heads into November. This era coincides with the Federal Open Market Committee’s (FOMC) subsequent assembly, the place traders are anticipating dovish alerts reminiscent of fee cuts or the formal finish of Quantitative Tightening (QT).

Dicey additionally notes that bullish S&P 500 earnings, easing international commerce tensions from a possible settlement between US President Donald Trump and China’s President Xi Jinping, and enhancing ISM manufacturing information level to a macro setting supportive of threat belongings. A group member commented that whales might have underestimated how a lot BTC’s demand tends to persist throughout these circumstances. Dicey responded that the identical whales may change into “exit liquidity” as Bitcoin accelerates larger, probably lacking out on the strongest section of this cycle. 

Consolidation Above January Highs Sign Unbreakable Power

In a follow-up evaluation, Dicey highlighted Bitcoin’s outstanding stability above its January highs, describing its value construction as “unbreakable” amid international macroeconomic uncertainty. He pointed to a number of converging elements that reinforce BTC’s resilience, together with ongoing fiscal and financial enlargement, a weakening US greenback, and renewed confidence within the international enterprise cycle. 

Associated Studying

The analyst additionally emphasised that geopolitical tensions tied to US-China relations seem like subsiding. On the identical time, ETF inflows and exponential development within the Synthetic Intelligence (AI) sector contribute to appearing as tailwinds for digital belongings. He disclosed that regardless of sturdy underlying fundamentals, skepticism stays widespread out there.

In line with him, many nonetheless imagine within the conventional four-year cycle narrative, whereas retail enthusiasm has not totally returned. Moreover, the Russell 2000 index has but to breakout, and rotation from conventional belongings, such because the S&P 500 and gold, into Bitcoin stays restricted. With these developments subduing broader market participation, Dicey suggests it creates the right setup for a robust rally in BTC as soon as sentiment shifts decisively.

Featured picture from Pixabay, chart from Tradingview.com