Bitcoin price prediction: Is BTC forming a golden cross on the 3-day chart?

In the face of increased volatility in the macro and cryptocurrency markets, Bitcoin price action has been moving in a narrow range. Technical traders are currently keeping a careful eye on the market for a possible bullish breakout after it entered a consolidation phase following fresh highs earlier in October.

One potential catalyst for the next move up is a golden cross, which occurs when a shorter-term moving average crosses over a longer-term one. But there are risks as always.

Current Bitcoin price scenario

Bitcoin is currently trading at about $108,200 as of October 22, 2025, which is a little less than the $110,000 mark that was mentioned earlier this week. With resistance emerging at $115,000, the cryptocurrency has been fluctuating between $107,000 and $114,000.

Before a steep drop pushed prices down toward the $105,000 mark earlier in the month, Bitcoin hit a new all-time high above $125,000. Bitcoin has stabilized and is currently stabilizing inside a smaller band after that liquidation-driven decline.

The $107,000–$110,000 range has emerged as a crucial support region as buyers take over to counteract selling pressure from the beginning of the month. On the positive side, traders are keeping a close eye out for a breakout above $115,000, since this might lead to higher levels. As volume and momentum start to rebound following the washout in October, market mood seems cautiously positive.

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Upside outlook for Bitcoin price

The primary bullish catalyst that is now being watched is the possible golden cross developing on Bitcoin’s 3-day chart, where the 50-day and 200-day moving averages are getting close to intersecting. Such trends have historically preceded significant rallies, which has increased the level of excitement among institutions and traders alike.

This crossover could spur additional buying activity and boost prices closer to the $125,000–$130,000 area if it is confirmed. This perspective is also supported by the technical structure, as the Relative Strength Index (RSI) rises from the neutral zone and higher lows occur on the daily chart.

The breakout scenario might be strengthened by increased momentum and a return of institutional inflows, particularly through Bitcoin ETFs. Furthermore, in the upcoming weeks, macro factors like a weaker US dollar and loosening monetary policy might bolster the bullish argument even further.

Downside risks for BTC

Bitcoin (BTC) still faces a number of downside risks that might jeopardize the bullish view, despite the positive setting. The market may experience another decline near the $100,000–$105,000 support range if the price is unable to stay above $107,000. Traders also warn that a golden cross does not always indicate long-term upward movement; if momentum pauses or volume wanes before the crossing verifies, the signal may be a false alarm.

There is still a threat from outside sources. Upward momentum may be limited by a stronger US currency, fresh ETF withdrawals, or a worldwide risk-off attitude brought on by geopolitical or regulatory events. A reminder of how brittle market structure can be during times of intense speculation is provided by the flash crash earlier this month, which destroyed billions in leveraged positions in a matter of hours.

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BTC price prediction based on current levels

As traders wait for the golden cross to be confirmed, Bitcoin price is probably going to stay trading between $107,000 and $115,000 in the near future. Strong volume and a clear breakout above $115,000 might pave the way for a move toward $125,000–$130,000. On the other hand, the market would be vulnerable to additional declines if the $107,000 support level were not maintained, which may lead to another test of the $100,000 range.

All things considered, Bitcoin is still consolidating within a specific range. Whether the golden cross confirms and whether institutional and macro factors are in place to maintain a rise will probably determine the next significant move. The Bitcoin outlook remains cautiously optimistic for now, but the Bitcoin forecast ultimately depends on whether bulls can maintain support and push the trend beyond the consolidation zone.