Bitcoin Price Could See A New All-Time High Above $126,000 If It Breaks This Critical Level
The Bitcoin worth is positioning for a doubtlessly explosive transfer that might take it effectively beyond its previous all-time highs. Analysts are carefully watching a essential resistance degree close to $116,000, which can function the ultimate hurdle earlier than BTC catapults into uncharted territory above $126,000.
Analyst Predicts New Bitcoin Price All-Time High
Crypto analyst Donny Dicey revealed in an X social media submit this week that the $116,000 worth degree is the decisive zone Bitcoin should breach to substantiate a breakout towards a brand new all-time high. His technical evaluation suggests that when BTC achieves a clear break above this resistance space, momentum may swiftly carry it above $126,000.
Notably, Bitcoin set a brand new ATH on October 6, 2025, after breaking by way of its earlier document above $124,000 and climbing past $126,000. Since reaching this degree, the value of BTC has fallen dramatically to $115,000. Dicey’s accompanying chart exhibits the market steadily recovering after testing help close to $108,000, marked as a “market construction break” area, with bullish worth motion consolidating above $109,000.
The analyst has emphasised that every day Bitcoin maintains a detailed above $109,000 strengthens the chance of a robust upward swing because the market heads into November. This interval coincides with the Federal Open Market Committee’s (FOMC) subsequent assembly, the place buyers are anticipating dovish indicators resembling fee cuts or the formal finish of Quantitative Tightening (QT).
Dicey additionally notes that bullish S&P 500 earnings, easing world commerce tensions from a possible settlement between US President Donald Trump and China’s President Xi Jinping, and enhancing ISM manufacturing information level to a macro surroundings supportive of threat belongings. A group member commented that whales might have underestimated how a lot BTC’s demand tends to persist throughout these circumstances. Dicey responded that the identical whales would possibly change into “exit liquidity” as Bitcoin accelerates larger, probably lacking out on the strongest part of this cycle.
Consolidation Above January Highs Signal Unbreakable Strength
In a follow-up evaluation, Dicey highlighted Bitcoin’s outstanding stability above its January highs, describing its worth construction as “unbreakable” amid world macroeconomic uncertainty. He pointed to a number of converging components that reinforce BTC’s resilience, together with ongoing fiscal and financial growth, a weakening US dollar, and renewed confidence within the world enterprise cycle.
The analyst additionally emphasised that geopolitical tensions tied to US-China relations appear to be subsiding. At the identical time, ETF inflows and exponential development within the Artificial Intelligence (AI) sector contribute to performing as tailwinds for digital belongings. He disclosed that regardless of robust underlying fundamentals, skepticism stays widespread available in the market.
According to him, many nonetheless imagine within the traditional four-year cycle narrative, whereas retail enthusiasm has not totally returned. Furthermore, the Russell 2000 index has but to breakout, and rotation from conventional belongings, such because the S&P 500 and gold, into Bitcoin stays restricted. With these developments subduing broader market participation, Dicey suggests it creates the proper setup for a robust rally in BTC as soon as sentiment shifts decisively.
