Analysts say Bitcoin’s next move hinges on whether new buyers can absorb ongoing whale selling, with volatility likely to persist as the market seeks a post-distribution equilibrium.
JPMorgan strategists say Bitcoin looks undervalued versus gold after a 20% drop in October caused by futures deleveraging and a $128 million DeFi hack.
On-chain metrics spotlight bitcoin price support at $113K via STH Realized Price, projecting MVRV-driven surges to $160K–$200K by late 2025 in the bull cycle's next explosive phase.
Bitcoin Price dipped below $108,000 amid market volatility as Strategy announced the acquisition of 397 BTC worth $45.6 million at an average price of $114,771 per Bitcoin. The purchase, which brings Strategy's total holdings to 641,205 BTC, comes as corporate Bitcoin treasury adoption continues to accelerate.
Bitcoin price has recovered to above $109,000 after a volatile October marked by a failed “Uptober” rally, Fed-driven risk aversion, and U.S.–China trade tensions.