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Bitcoin (BTC) Price Prediction for October 4

Bitcoin (BTC) Price Prediction for October 4

CryptoNewsNetCryptoNewsNet2025/10/04 18:51
By:u.today

The majority of the coins from the top 10 list have returned to the red zone, according to CoinStats.

Bitcoin (BTC) Price Prediction for October 4 image 0

BTC/USD

Unlike other coins, the rate of Bitcoin (BTC) has gone up by almost 1% over the last 24 hours.

Bitcoin (BTC) Price Prediction for October 4 image 1

Despite today's growth, the price of BTC is near the local support of $122,033. If bulls cannot seize the initiative, traders may expect a further decline to the $121,500 mark.

Bitcoin (BTC) Price Prediction for October 4 image 2

On the bigger time frame, the rate of the main crypto is approaching the all-time high of $124,517. The volume is high, which means bulls are controlling the situation on the market.

If a breakout happens, the energy might be enough for further growth to new peaks.

Bitcoin (BTC) Price Prediction for October 4 image 3

From the midterm point of view, the price of BTC has once again bounced off the resistance of $123,236. If buyers can hold the initiative, there is a high chance to witness a new all-time high.

Bitcoin is trading at $122,081 at press time.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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