Bitcoin slipped into a tight holding pattern, trading below a clean breakout range at 08:00 UTC as buyers and sellers marked a narrow corridor with clear levels above and below.

session overview

According to CoinDesk Research’s technical analysis data model, Bitcoin It rose from $111,157 to $111,634 during the 24 hours ending October 25, 08:00 UTC, staying within the band by about $2,025 (about 1.8%). The session map determined resistance around $111,800-$111,900 and support near $109,800, with no major catalysts to force a sustained move.

Volume and Intraday References

Trading activity peaked at 14:00 UTC on October 24, when volume increased to 23,728 BTC – almost 180% more than the 24-hour average of 8,200 BTC – while the price reached $109,818 and stabilized. In the final hour of the window, Bitcoin declined from $111,745 to $111,545 (about 0.18%) as turnover cooled to about 85 BTC per minute, compared to about 135 BTC per minute previously, then coiled between $111,540 and $111,645 in line with consolidation.

what to look forward to

A clean break and hold above $112,000 on UTC closing 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 rose from 1,920.75 to 1,961.57 intraday and fell to 1,940.94 by October 25, 08:00 UTC, leaving momentum mixed just below the 1,950 zone.

moving average

CoinDesk Research’s model puts the 200-day near $108,000 and the 100-day near $115,000 as reference levels during the window ending October 25, 08:00 UTC.

Disclaimer: Parts of this article were generated with the help of AI tools and reviewed by our editorial team to ensure accuracy and compliance Our standards. For more information see CoinDesk’s full AI policy.



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Vikas Singh

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