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🔥 Bitcoin Bounces Back: $183,000 Target Back On The Table?
Bitcoin (BTC) showed resilience this week, bouncing 4% higher after dovish comments from Fed Chair Jerome Powell. BTC now trades above $116,000, reclaiming momentum despite recent pullbacks.
📊 Analyst Insights (Tony “The Bull” Severino)
🔹 Support: BTC held its “Wall of Worry” channel support (in place since Nov 2023).
🔹 Target 1: Median line near $144,000 (+24% from here).
🔹 Target 2: If bullish momentum continues → $183,000 upper channel resistance.
🔹 Bearish Case: A decisive breakdown could send BTC to $95K–$100K.
📅 October Peak Prediction
Another analyst, Jordan Pivato, projects the current cycle could peak on Oct 21, 2025. Why?
✅ Bitcoin cycles are lengthening
✅ October has historically been BTC’s most bullish month (average +46.7%)
⚡ Current Status
💰 BTC Price: $115,700
📈 24h Change: +3.2%
🔊 Trading Volume: $80.3B (+38.7%)
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👉 With targets ranging from $144K to $183K, analysts say BTC’s bull run is far from over.
💬 Do you believe Bitcoin can hit $183K this cycle? Or will the “Wall of Worry” finally crack?
#Bitcoin $BTC
#CryptoNews #BinanceSquare
